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Illinois Quick Hits: Small business optimism index falls
The National Federation of Independent Business (NFIB) reported that its Small Business Optimism Index fell to 95.3 in May, while the Uncertainty Index rose to 91, reflecting growing anxiety over inflation and taxes. These figures remain below historical averages, signaling sustained headwinds for Main Street businesses. Concurrently, Illinois State Treasurer Michael Frerichs launched new hunger relief grants for local food pantries to offset recent federal funding cuts.
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