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flag U.S. small business optimism edged up in November, fueled by stronger sales and price hikes, but hiring and spending concerns persist.

flag U.S. small business optimism rose slightly in November to 99.0, above expectations and the 52-year average, driven by stronger sales expectations and a record 13-point surge in businesses raising prices to a net 34%, the highest since March 2023. flag Despite improved hiring intentions and a rise in earnings outlook, labor quality remained the top concern for 21% of owners, and uncertainty about capital spending increased. flag A net 15% expect better business conditions, a 32-point drop since January, reflecting ongoing economic caution.

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