Inflation’s Impact on Small Business

Date: May 10, 2022

"An astonishing 100% of small businesses reported inflation impacting their business to varying degrees."

Guest editorial for the Salem Business Journal by NFIB Oregon State Director Anthony Smith

NFIB Oregon thanks the Salem Business Journal once again for giving small business an opportunity to share our thoughts on the issues affecting Main Street enterprises.

In a guest editorial, NFIB State Director Anthony Smith discusses the results from his association’s special inflation survey.

“In an April 2022 special survey on inflation from the NFIB Research Center, an astonishing 100% of small businesses reported inflation impacting their business to varying degrees. Over half, (62%) reported inflation as having a substantial impact on their business(es) while about a third (31%) reported a moderate impact. Only 6% reported a mild impact.”

Click here to read the rest of the editorial.

 

 

Related Content: Small Business News | Economy | Oregon

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