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Small business confidence deteriorates sharply as geopolitical risk accelerates, midyear survey find

Published

11 August 2026

Topic

regulatory

Sectors

Generalist

Geography

United States

Source

Read at insurancebusinessmag.com

Verified

Fusion42 · 23 August 2026 · Fusion42 review

US small business leader confidence has sharply declined due to accelerating geopolitical risks including trade disruptions, tariffs, and supply chain issues, with 90% of firms under 50 employees more concerned about their outlook and facing tangible impacts. Executives are shortening planning horizons and increasing contingency strategies in response, highlighting an urgent need for advisory support especially from brokers for smaller firms less able to absorb shocks.

This Wire brief sits within Fusion42's coverage of Generalist.

◆ The Wire takeaway

Small firms under 50 employees face rapid risk evolution that undercuts their financial stability and planning certainty. You need to pivot fast by embedding contingency planning in your offerings and advising clients on trade policy exposure as brokers become key risk navigators.

Coverage

1 source · 11 Aug 2026

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Topics

Generalistsmall-businessgeopolitical-risktrade-uncertaintysupply-chaintariffsbusiness-confidence