Florida’s small business optimism held steady in June, with the Florida National Federation of Independent Businesses Optimism Index edging down 0.2 points to 98.6 —slightly above the 51-year average. The dip was largely driven by rising inventory concerns, with 12% of owners reporting stocks were too high, up from 7% in May. Expectations for better business conditions fell from 25% to 22%, and those anticipating higher sales dropped three points to 7%. Taxes remained the top concern, cited by 19% of owners, the highest since July 2021. Labor quality and costs were also key issues. While business health ratings slipped, 36% of owners reported unfilled job openings, up two points.