In Case You Missed It

WASHINGTON – Earlier this week, the MetLife & U.S. Chamber of Commerce Small Business Index recorded the highest optimism score since the creation of the index. According to the Q3 index: Overall optimism increased to 70.7, rising two points from Q2. 38 percent of minority-owned small businesses plan on hiring in the future. One in three veteran-owned small… Read more »

WASHINGTON - Last week, the MetLife & U.S. Chamber of Commerce Small Business Index Q2 report showed strong optimism among small business owners across the nation. According to the Q2 report: 59% of small businesses viewed the U.S. economy as "in good health," up six points from last quarter.  27% of small business owners plan to increase… Read more »

Washington – Today, the National Federation of Independent Business (NFIB) released its May 2019 Small Business Optimism Index, which reports continued business optimism, and recorded increased expectations for sales, business conditions, and expansion. According to the May 2019 NFIB survey: 64 percent of owners reported capital outlays, the highest since February… Read more »

Washington – House Small Business Committee Ranking Member Steve Chabot (R-OH) released the following statement on the House passing four bipartisan Committee bills earlier this week: “The legislation passed this week includes provisions to increase federal contracting opportunities, encourage innovation, and expand access to capital for small businesses.  These initiatives will… Read more »

WASHINGTON – Last week, House Committee on Small Business Chairman Steve Chabot (R-OH) penned an op-ed in Fox News on the value of Small Business Saturday to communities and entrepreneurs. Read the full op-ed below. Serving as Chairman of the House Committee on Small Business over the past four years, I’ve had the honor of advocating and fighting for Main Street. This year on Small… Read more »

WASHINGTON - This week, the National Federation of Independent Business (NFIB) released its September 2018 Small Business Optimism Index, which reports continued business optimism, and recorded the third highest level in the survey’s history. The September 2018 NFIB survey revealed: 37 percent of owners reported compensation increases, which set a new record. 61 percent of… Read more »

WASHINGTON – This week, President Trump signed S. 791, the Small Business Innovation Protection Act of 2017, into law. This bipartisan, bicameral legislation is the Senate companion bill to H.R. 2655, which passed the House in July and was led by Rep. Dwight Evans (D-PA) and Rep. Brian Fitzpatrick (R-PA). The Small Business Innovation Protection Act will expand intellectual property… Read more »

WASHINGTON – This week, House Committee on Small Business Chairman Steve Chabot (R-OH) wrote an op-ed for the Cincinnati Enquirer on how the opioid crisis is affecting small businesses and how the Committee is addressing this important issue. “... According to a survey by the National Federation of Independent Business (NFIB), small business optimism is at a 45-year high. But they have… Read more »

WASHINGTON – According to a recent report from the Pepperdine Graziadio Business School and Dun & Bradstreet Q3 2018 Private Capital Access Index, small businesses are finding it easier to acquire capital. More specifically, 53 percent of the small businesses surveyed said they were successful in securing a loan in the past three months. “Access to capital is critical for small… Read more »

WASHINGTON – Last week, the House Committee on Small Business held a full committee hearing on how the opioid crisis is affecting small business, specifically the decline in the labor force participation rate. The discussion included Katie Van Dyke, Director of Cleveland State University’s Ohio Small Business Development Center, as outlined by Cleveland.com below: “The opioid crisis… Read more »