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Leading the News

Small Business Amicus Brief Questions Tax Foreclosure Procedures (12/08/2025)

WASHINGTON, D.C. (Dec. 8, 2025) – NFIB filed an amicus brief in the case Michael Pung v. Isabella County, Michigan at the United States Supreme Court. The case concerns the just compensation of property owners when the government seizes and sells that property to satisfy a tax debt. NFIB joined several business groups in filing the brief, which asks the Court to provide clear direction that will ensure that property owners are justly compensated for the value of their property.

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Business Climate

New NFIB Survey Shows Industry-Specific Optimism Trends (11/25/2025)

WASHINGTON, D.C. (Nov. 25, 2025) – The NFIB Research Center released an industry-specific quarterly Small Business Economic Trends survey highlighting the construction, manufacturing, retail, and services industries. According to the report, the Optimism Index fell from the previous quarter for all reported industries except for construction.

“Small business optimism fell in all reported industries except for construction, which was the most optimistic out of the four industries due to higher sales expectations and hiring plans,” said Holly Wade, Executive Director of NFIB’s Research Center. “Despite the diverging trends in optimism among industry sectors, 63% of small business owners rated the health of their business as excellent or good.”

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Wages and Benefits

NFIB Jobs Report: Owners Continue Searching for Qualified Applicants (12/04/2025)

WASHINGTON, D.C. (Dec. 4, 2025) – NFIB’s November jobs report found that 33% (seasonally adjusted) of small business owners reported job openings they could not fill in November, up 1 point from October and the first increase since June. Unfilled job openings remain above the historical average of 24%. Twenty-six percent have openings for skilled workers (down 2 points), and 12% have openings for unskilled labor (up 1 point).

“The economy has continued to grow steadily despite the recent government shutdown,” said Chief Economist Bill Dunkelberg. “On Main Street, job growth continues to be constrained by a lack of qualified employees.”

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