Inflation Remains Top Problem for Main Street
Inflation Remains Top Problem for Main Street
July 9, 2024
Inflation Remains Top Problem for Main Street
- Seasonally adjusted, a net 22% plan to raise compensation in the next three months, up four points from May.
- A net negative 2% (seasonally adjusted) of owners viewed current inventory stocks as “too low” in June, up six points from May’s lowest reading since October 1981.
- A net negative 2% (seasonally adjusted) plan inventory investment in the coming months, up four points from May.
- Fifty-two percent reported capital outlays in the last six months, down six points from May and the lowest reading since August 2022.
- Four percent of owners reported that all their borrowing needs were not satisfied, up one point from May and the highest reading since August 2022.
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