Research Center Explains the Major Headwinds Facing Owners at the NFIB DC Fly-In
During NFIB’s annual Fly-In, NFIB Research Center Executive Director Holly Wade presented on the most major headwinds facing small business owners.
During NFIB’s annual Fly-In, NFIB Research Center Executive Director Holly Wade presented on the most major headwinds facing small business owners.
NFIB’s monthly jobs report shows business owners are reporting very high numbers of unfilled job openings, equal to September 2021’s record-high number.
Inflation, supply chain disruptions, and labor shortages have led to record-low levels of optimism among small business owners.
NFIB’s quarterly Small Business Economic Trends industry report found owners in Construction and Manufacturing were hit hardest by inflation.
With almost one-third of owners citing it as their top business problem, inflation has become the largest issue facing small business.
NFIB’s April Small Business Economic Trends found the owners expecting business conditions to improve has fallen to the lowest level in the survey’s history.
NFIB’s monthly Jobs report found that in April owners continue to raise wages to keep employees and fill historically high levels of open positions.
A new survey found that 93% of small business owners reported a substantial or moderate impact on their business from inflation.
NFIB’s March Small Business Economic Trends report found that inflation has become the number one problem facing small business owners.
Owners continue to increase compensation as the number of small business owners who report they have unfilled job openings has been at historic high levels.
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