In the month of June, small business owners continued to identify inflation as the single most important problem for them in operating their business, as upward price pressures continue to increase expenses and lower profitability. In addition to inflation remaining a top problem for small businesses, a persistently strong labor market is making it more difficult for small businesses to… Read more »

In the month of May, inflation continued to be reported as a leading issue for small business owners, as persistently remained above the Federal Reserve’s two percent target while the labor market has continued to outperform expectations, although there are some signs of slowing. Despite the signs of a slowdown in the labor market, more than nine in ten small business owners reported few… Read more »

In the month of April, inflation remained as a leading issue for small business owners, as it has shown to be consistently above the Federal Reserve’s target while the labor market has continued to outperform expectations, driving up the cost of labor. The Consumer Price Index (CPI) data, released earlier this month, showed the inflation rate is currently sitting at 3.5 percent year over… Read more »

In the month of March, inflation returned as a leading issue for small business owners, as it remains persistently elevated above the Federal Reserve’s target while the labor market has consistently outperformed expectations. The Consumer Price Index (CPI) data, released earlier this month, showed the inflation rate is currently sitting at 3.2 percent year over year, up from last month… Read more »

In the month of February, inflation and labor quality were both leading issues small business owners face as inflation remains elevated above the Federal Reserve’s target and the labor market has continued to prove resilient. The Consumer Price Index (CPI) data, released earlier this month, showed the inflation rate is currently sitting at 3.1 percent year over year, down from last month,… Read more »

In the month of January, inflation remains the top issue small business owners face as prices continue to rise. The Consumer Price Index (CPI) data, released earlier this month, showed the inflation rate is currently sitting at 3.4 percent year over year, up from last month, signaling that the Federal Reserve may have more work to do to bring inflation back to their two percent goal. Core… Read more »

In the month of December, both labor and inflation remain large issues small business owners are facing. The Consumer Price Index (CPI) data, released earlier this month, showed the inflation rate is currently sitting at 3.1 percent year over year, down slightly from last month. Core CPI, which excludes the more volatile measurements of food and energy, increased 0.4 percent. Inflation… Read more »

In the month of October, inflation remains a top issue small business owners are facing. The Consumer Price Index (CPI) data, released earlier this month, showed the inflation rate is currently sitting at 3.7 percent year over year, at the same level as last month. Core CPI, which excludes the more volatile measurements of food and energy, increased 0.3 percent. Inflation and labor were… Read more »

In the month of September, inflation persistently remained as a top issue small business owners are facing. The Consumer Price Index (CPI) data released earlier this month showed the inflation rate is currently sitting at 3.7 percent year over year, up from 3.2 percent last month. Core CPI, which excludes the more volatile measurements of food and energy, decreased 0.4 percent. While… Read more »

In the month of August, small businesses continue to face top issues like inflation and labor shortages. The Consumer Price Index (CPI) data released earlier this month showed the inflation rate is currently sitting at 3.2 percent, compared to 3 percent last month. Core CPI, which excludes the more volatile measurements of food and energy, decreased 0.3 percent. While small businesses… Read more »