The National Federation of Independent Business (NFIB) Small Business Optimism Index rose 2.4 points in July to 99.8, rising above its 52-year average of 98.0. This marks the highest level since August 2025. Of the 10 Optimism Index components, eight increased, and two decreased. Hiring plans improved substantially and contributed most to the rise in the Index.
The NFIB Small Business Optimism Index rose 2.1 points in June to 97.4, nearing its 52-year average of 98.0. Expectations for better business conditions and real sales expectations improved substantially and primarily drove the rise in the Index. The Uncertainty Index fell 2 points from May to 89, remaining well above its historical average of 68.
Appearing on the Oklahoma Council of Public Affairs’ podcast “Weighing In,” NFIB State Director Jerrod Shouse discusses small business owners’ opposition to State Question 832. During the interview, Shouse describes the numerous negative ripple effects State Question 832 will have on the state’s economy, consumers, workers, and Main Street employers.
The National Federation of Independent Business (NFIB), the state’s leading small business advocacy organization, this week launched a statewide campaign urging Oklahoma voters to vote no on State Question 832.
“State Question 832 will crush our Main Street businesses and family farms, whose costs will increase overnight,” warned NFIB State Director Jerrod Shouse. “While many businesses already pay well-above the current minimum wage, those who don’t often report that they simply cannot afford to do so. The cost of doing business in rural communities cannot be sustained at the same cost in metro areas. We urge Oklahomans to vote ‘no’ on State Question 832.”
