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Bank of America reports small business hiring down 6.7% year-over-year amid tariff surge

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08 September 2025
Bank of America Institute data shows small business hiring slowed 6.7% year-over-year as of July as tariff payments by importing firms surged nearly 170% since early this year.

Orignial Source:

https://www.foxbusiness.com/economy/bank-america-reports-small-business-hiring-down-6-7-year-over-year-amid-tariff-surge


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