US small business optimism increased to 89.7 in April, with inflation as the main concern, while job openings rose to 40%.

US small business optimism rose to 89.7 in April for the first time in 2022, according to the NFIB's sentiment index. Inflation remains the primary concern for small businesses, with 22% citing it as their primary issue. Despite the increase, the index remains below the long-term average of 98 for 28 consecutive months. The proportion of businesses planning price hikes dropped to a one-year low of 26%, while job openings increased to 40%.