Small business profitability declined further through May 2026, according to the June edition of the Bank of America Institute Small Business Checkpoint. The inflow-to-outflow ratio, a measure of cash flow health, fell across every revenue tier. But the decline has...
The April Bank of America Institute Small Business Checkpoint frames a contradiction worth a closer look. Profitability growth held positive through the first quarter, but small business payroll growth has been negative for three consecutive months, and overall...