Small Businesses Enter 2026 with Cautious Optimism Amid High Uncertainty

  • 39% of small businesses surveyed by Thryv expressed no optimism about any business factors for 2026.
  • 49% cited growth in the economy as their top concern, followed by employment costs (44%).
  • Two-thirds (67%) of SMBs believe AI won’t impact their business in 2026.
  • 50% of respondents said their 2025 revenue and overall business health met expectations.

Thryv’s survey highlights the cautious optimism among small businesses as they navigate economic uncertainty and rising costs. The data underscores the strategic importance of AI adoption, with a significant portion of SMBs still uncertain about its impact. This sentiment reflects broader industry trends where technology adoption remains uneven, potentially creating a competitive divide between early adopters and laggards.

AI Adoption
How the divide between AI adopters and skeptics will affect competitive positioning among SMBs.
Economic Resilience
Whether small businesses can sustain growth amid rising employment costs and economic turbulence.
Market Differentiation
The pace at which SMBs leverage technology to gain a competitive edge in 2026.
Small Businesses Face 2026 With Caution and a Critical AI Blind Spot