Detroit Regional Chamber > Small Business > June 2025 Small Business Data Outlook: Uncertainty is Dampening Growth Plans

June 2025 Small Business Data Outlook: Uncertainty is Dampening Growth Plans

June 11, 2025

June 2025 Small Business Data

Summary: A supermajority of small business owners are optimistic and are planning to grow in 2025 even as frustration with Washington, DC remains high.

  • 75% of small business owners are optimistic about their future and 72% are planning on growing throughout 2025.
  • 51% of small business owners believe that interest rates are too high to afford a loan.
  • 90% of small business owners want Congress to bolster tax certainty, predictability, and simplicity.
  • 78% of small business owners want Congress to reinstate full and immediate research and development (R&D) expensing.
  • 36% of small businesses currently feel the impact of increased tariffs and 38% are expecting to experience negative impacts caused by tariffs.
  • 80% of small business owners believe that regulatory red tape takes time away from managing and growing their business.
  • 55% of small business owners want the U.S. Small Business Administration (SBA) to focus on cutting red tape.

Learn more about this data from Adobe 2025 Work-Life Balance Report Of Solopreneurs and Small Business Owners, published on May 30, 2025.

effective systems for small business

81% feel that small businesses are not prioritized in Washington, DC.

Summary: The rise in small business sales continues its slow down.

  • Month-over-month sales at small businesses in May rose 0.2% from April and year-over-year sales at small businesses rose 3.3% compared to May 2024.

Learn more about this data from Fiserv May Small Business Index, published on June 2, 2025.