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December 13, 2022 Last Edit: June 5, 2025
Inflation Remains the Top Business Problem for Maryland Small Businesses
- 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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