Topics:
Small Businesses Struggle with Inflation, Labor Shortages
Small Businesses Struggle with Inflation, Labor Shortages
November 8, 2022
Small Businesses Struggle with Inflation, Labor Shortages
- Of the 10 Index components, two increased, seven declined, and one was unchanged.
- Owners expecting better business conditions over the next six months deteriorated two points from September to a net negative 46%.
- The net percent of owners raising average selling prices decreased one point to a net 50% (seasonally adjusted). Half of all firms are raising prices, that’s inflation.
- The net percent of owners who expect real sales to be higher decreased three points from September to a net negative 13%.
Get to know NFIB
NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.
Related Articles

July 10, 2025
Historic Legislation Becomes Law and Stops Massive Tax Hike on…
The One Big Beautiful Bill Act is signed into law, permanently extending th…
Read More

July 10, 2025
Small Businesses Get Key Wins During 2024-25 U.S. Supreme Court…
The NFIB Small Business Legal Center secured three much-needed wins on beha…
Read More

July 10, 2025
NFIB Nebraska Reacts to New Optimism Report
NFIB Nebraska State Director Ryan McIntosh reacts to Small Business Optimis…
Read More

July 10, 2025
NFIB Minnesota Reacts to New Optimism Report
NFIB Minnesota State Director Jon Boesche reacts to Small Business Optimism…
Read More