In August 2024, the U.S. Small Business Optimism Index amounted to 91.2. This is a slight decrease from a value of 93.7 in the previous month. The index consists of 10 indicators derived from questions addressing small business owners: Plans to create employment; plans to make capital outlays; plans to increase inventories; expect economy to improve; expect real sales higher; current inventory; current job openings; expected credit conditions; now a good time to expand; earnings trends.

In August 2024, a net 13 percent of surveyed small business owners in the United States had plans to increase employment in the coming three months. Additionally, around 40 percent of said that they had current job openings.

The Business Confidence Index (BCI) of the United Kingdom was 97.4 in December 2024, compared with 98.7 in the previous month, an indication that business confidence is falling in the UK. Worryingly, this was also the lowest score since July 2020, when the UK's business confidence index stood at 96.6. During this time period, business confidence was highest in late 2021, and was at its lowest point in March 2009. Taxation overtakes inflation as main business concern In the third quarter of 2023, inflation was seen by 65 percent of UK firms as a major external concern facing their business. At that time, the UK's inflation rate was still at the relatively high figure of 6.7 percent, although this was down from a peak of 11.1 percent in October 2022. As the rate of inflation continued to fall in 2024, the issue became slightly less pressing for UK businesses, with 49 percent seeing it as a main concern in the second quarter of 2024, although it was still ahead of other issues. In the second half of 2024, however, taxation has emerged as the main worry for UK firms, with 63 percent of businesses citing it as an external concern in the fourth quarter of 2024. This is likely related to the rise in National Insurance businesses will have to pay from April 2025 onwards, one of the main measures announced in the Autumn Budget in October 2024. UK business demographics In 2024, there were approximately 5.5 million private business enterprises in the UK, which was down from a peak of 5.98 million in 2020. As of this year, the UK's private sector workforce was around 27.6 million, compared with 6.1 million who worked in the public sector. While most businesses in the UK are small enterprises that employ fewer than ten people, the UK's large businesses are responsible for employing a large share of the workforce, with around 8.2 million people working for large businesses in 2024. The biggest UK-based company, in terms of global employees in 2024 was the Compass Group, with a global workforce of around half a million, followed by Tesco at 345,000 employees.

During a survey conducted in the United States in 2024, 57 percent of respondents said they had very little confidence in Congress. This is compared to the small businesses, where 36 percent of respondents reported having a great deal of confidence, making it the most trusted institution in the United States.