The nationwide Small-Business Optimism Index fell nearly two points for the month of March. It's the first dip after six months of gain according to a study by the National Federation of Independent Business.
Charles Owens, the director of the Michigan chapter of NFIB said the numbers mean that fewer businesses across the U.S. see growth in their future.
"It's not a significant drop by itself. Our concern though is it's a drop in the trend," he said. "We think it reflects a lot of the uncertainty with federal policies right now."
However, Owens said that's not the case in Michigan.
Some local business owners in Lansing's Old Town agree with him.
Ken Szymusiak, co-owner of Polka Dots said he's optimistic.
"Things are looking really good this year. Sales are at least the same as last year, if not, a little bit better right now," he said.
For the owner and founder of Hilltop Yoga, Hilaire O'day, she's seen business improve.
"The numbers have really gone up and the average per class isn't small anymore," she said.
Tremenna Mcleod, store manager for Sir Pizza said, "We've been doing pretty well."
These Lansing shop owners say their unique location sets up up for success, especially since Old Town hosts a lot of festivals.
"You get exposure and sometime people don't buy the first time but then they realize how cool old town is and they come back and visit our shop," said Szymusiak.
They also said the business atmosphere is friendly.
"We support each other. I would shop in old town and shop in Old Town and support these local businesses," said O'day.
Owens said this isn't just happening in Old Town. It's happening across the state.
"I think at the state level they've seen a lot of changes in tax policy, regulatory policy, and economic policy in general that has been positive from their perspective. They're not seeing the same thing at the federal level," said Owens.
