‘Every time you turn around, there’s a new price increase’: US small-business optimism plummets
At the same time, 29% of small-business owners also report having open positions they can’t fillAmid rising fuel prices and inflation across the US, confidence among small-business owners has declined in recent weeks as many continue to grapple with higher costs and economic uncertainty.According to the National Federation of Independent Business, its Small Business Optimism Index fell by 0.6 points to 95.3 in May. At the same time, 29% of small-business owners reported having open positions the
‘Every time you turn around, there’s a new price increase’: US small-business optimism plummets
Overview
At the same time, 29% of small-business owners also report having open positions they can’t fill
Amid rising fuel prices and inflation across the US, confidence among small-business owners has declined in recent weeks as many continue to grapple with higher costs and economic uncertainty.
Details
According to the National Federation of Independent Business, its Small Business Optimism Index fell by 0.6 points to 95.3 in May. At the same time, 29% of small-business owners reported having open positions they could not fill – the lowest level since the Covid-19 pandemic.
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Originally published at www.theguardian.com.
