Uncertainty Index Surges to 100 as Illinois Small Businesses Face Tax Hikes and Soaring Energy Costs
The Uncertainty Index has surged to 100, its fourth-highest level in over five decades. Meanwhile, small businesses in Illinois grapple with potential tax hikes and soaring energy costs, as indicated by a dip in the NFIB Small Business Optimism Index to 98.8 in September.
The rise in the Uncertainty Index, which measures economic uncertainty, signals growing unease among businesses and consumers. This increase comes amidst concerns from small businesses in Illinois about proposed meta hikes and high energy costs. The NFIB Small Business Optimism Index, a key indicator of small business confidence, has reflected this worry, declining to its current level.
To ease the burden, seniors can seek free help comparing health and drug plan options during Medicare's open enrollment, which runs from Oct. 15 to Dec. 7, 2025. Additionally, youth waterfowl hunting is permitted in various Illinois state parks and public lands during the 2025 youth waterfowl hunts, with hunters aged 17 or younger allowed to participate if accompanied by an adult.
The high Uncertainty Index and declining small business confidence in Illinois underscore the need for clarity on tax and energy policies. Meanwhile, seniors and young hunters can take advantage of available assistance and opportunities during the specified periods.
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