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 »

In the month of July, inflation and labor shortages continue to be top issues that small businesses are facing. The Consumer Price Index (CPI) data released earlier this month showed the inflation rate is currently sitting at 3%, compared to 4% last month. Core CPI, which excludes the more volatile measurements of food and energy, increased 0.2%. The data is still not close to the Federal… Read more »

In the month of June, inflation and labor shortages continue to be one of the top issues that small businesses are facing. The Consumer Price Index (CPI) data released earlier this month showed the inflation rate fell some to 4.0 percent, down from 4.9 percent from the month prior. Core CPI, which excludes the more volatile measurements of food and energy, fell slightly to 5.3 percent.… Read more »

As we reach the halfway point of May, small businesses are continuing to struggle to keep pace with persistent labor shortages and stubbornly high inflation. The Consumer Price Index (CPI) data released last week showed inflation barely budged at 4.9 percent, slightly down from 5 percent from the month prior. Core CPI, which excludes the more volatile measurements of food and energy,… Read more »

As we’ve moved into April, Main Street America continues to face strong economic headwinds on numerous fronts. The Consumer Price Index (CPI) data released last week showed inflation coming in at 5 percent and core CPI, which excludes food and energy, rose .4 percent from the prior month. Suffice it to say, when the target inflation rate is 2 percent, there is nothing to celebrate when… Read more »

After another month of newly released economic data and surveys on the state of the country’s small businesses, one thing is abundantly clear: this economy is still not working for Main Street America. The Consumer Price Index (CPI) data released this month once again confirmed inflation continues to be stuck at unprecedentedly high levels, coming in at 6 percent. Equally concerning, core… Read more »