NFIB Weekly News

Stay up to date with the latest National Federation of Independent Business (NFIB) and other small business news. NFIB, founded in 1943, is known as “the voice of small business” because of their credibility with the government and the media.

NFIB Weekly News

Leading the News

NFIB Warns Warehouse Worker Protection Act Would Be Harmful to Small Businesses (06/21/2024)

WASHINGTON, D.C. (June 21, 2024) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization sent a letter of opposition to the U.S. House of Representatives opposing H.R. 8639, the Warehouse Worker Protection Act. The legislation would lead to increased costs, burdensome mandates, and more red tape on small businesses.

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Business Climate

Supreme Court Decision Harms Small Businesses by Expanding Taxing Power (06/20/2024)

WASHINGTON, D.C. (June 20, 2024) – NFIB is discouraged by today’s U.S. Supreme Court decision in the case Moore v. United States. The Court upheld the Ninth Circuit’s ruling that broadened the scope of “income” to include unrealized appreciation of property, which will result in an increased tax on small businesses. NFIB filed an amicus brief in the case with the Buckeye Institute.

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Wages and Benefits

NFIB Jobs Report: Small Business Compensation Plans Fall to Lowest Level Since 2021 (06/06/2024)

WASHINGTON, D.C. (June 6, 2024) – According to NFIB’s monthly jobs report, a net 18% (seasonally adjusted) of small business owners plan to raise compensation in the next three months in May, down three points from last month and the lowest reading since March 2021. Seasonally adjusted, a net 37% of owners reported raising compensation, down one point from April but historically very high.

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