New Report: Inflation, Labor Shortages Remain Major Problems for Small Business Owners
In September, small business owners reported inflation & labor quality remain their top problem, with job openings attracting few qualified applicants.
In September, small business owners reported inflation & labor quality remain their top problem, with job openings attracting few qualified applicants.
Improved since July, reports of inflation as the top problem remain high in NFIB’s August SBET report.?Expectations for better conditions are also still low.
NFIB’s Small Business Economic Trends quarterly industry report, which focuses on four key industries, found small business owners’ optimism has fallen.
NFIB’s July Small Business Economic Trends?report shows that small businesses continue to face an inflation crisis, supply chain issues and hiring shortages.
NFIB’s monthly jobs report showed that small businesses across the country continue to face a historically high level of open positions.
NFIB’s June Small Business Economic Trends?survey shows that small businesses report record-low expectations for the future as inflation worsens.
NFIB’s new inflation survey found that 91% of small business owners reported inflation as having a substantial or moderate impact on their business.
During NFIB’s annual Fly-In, NFIB Research Center Executive Director Holly Wade presented on the most major headwinds facing small business owners.
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