The US economy continues to flourish. But data shows tariffs beginning to weigh on businesses of all sizes.
Yet, 74% of small and medium-sized businesses seem willing to take big risks this year to ensure their success. The data comes from the third annual Global SME Pulse: Smart Strategies to Improve the Bottom Line. Oxford Economics carries out the study on behalf of American Express.
The global survey looked at 3,000 companies with 10 to 250 employees in 12 countries and 16 industries. Senior executives took part in telephone interviews. And they discussed opportunities and threats, business prospects, strategies and investments. The survey also looked at how changes in regulation, financing and government support could better serve small and medium sized businesses.