Home / Business / Tariffs take a bite out of mom-and-pop stores as small business profit growth turns negative for first time in 18 months, BofA says

Tariffs take a bite out of mom-and-pop stores as small business profit growth turns negative for first time in 18 months, BofA says

The NFIB survey never saw such a big jump in small businesses raising prices as it did between October and November.

While small business bank accounts remain in the black overall, the trajectory is concerning. Year-over-year profitability growth fell below zero (-0.02%) last month, marking the first negative reading for this metric in 18 months. BofA sees two real… [3559 chars]

Source: Fortune | Published: 2025-12-17T17:21:35Z

Credit: Fortune

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