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Inflation Pressures Ease Slightly on Main Street but Remains the Top Business Problem
Inflation Pressures Ease Slightly on Main Street but Remains the Top Business Problem
December 13, 2022
Inflation Pressures Ease Slightly on Main Street but Remains the Top Business Problem
- Owners expecting better business conditions over the next six months improved three points from October to a net negative 43%, a recession reading.
- Forty-four percent of owners reported job openings that were hard to fill, down two points from October, but historically high and not typical of a recession period.
- The net percent of owners raising average selling prices increased one point to a net 51% seasonally adjusted, a high reading but lower than earlier this year.
- The net percent of owners who expect real sales to be higher improved five points from October to a net negative 8%, a weak economic reading.
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