Key facts
- Regional small businesses in NY, NJ, and CT reported severe declines in employment and revenue growth in 2025.
- These businesses became more pessimistic about growth in 2026.
Regional small businesses located in New York, New Jersey, and Connecticut have reported substantial decreases in both employment numbers and revenue growth throughout 2025. Concurrently, these businesses have expressed a heightened sense of pessimism concerning their potential for growth in the upcoming year, 2026. This indicates a challenging economic environment for smaller enterprises in the region.