The Small Business Optimism Index rose 0.5 points in August to 100.8, nearly 3 points above the 52-year average of 98.

SBET August 2025

The Small Business Optimism Index rose 0.5 points in August to 100.8, nearly 3 points above the 52-year average of 98.

Of the 10 Optimism Index components, four increased, four decreased, and two were unchanged.

In August, 32% of all owners reported job openings they could not fill in the current period, down 1 point from
July.

28% had openings for skilled workers (down 1 point), and 13% had openings for unskilled labor (up 1 point).

56% of small business owners reported capital outlays in the last six months, up 1 point from July.

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