Small business owners hope economic uncertainty doesn't slow spending this holiday season

  • 📰 FOX4
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Consumers spent an estimated $23 billion at small businesses and restaurants on what is known as Small Business Saturday in 2021, and the Small Business Administration is hoping for a repeat performance this Saturday.

could temper consumer spending and rising interest rates makes borrowing money on credit cards or through loans and mortgages more expensive for everyone.

"Right now business is good, but how much longer is that going to last?" he said. "We can hope it'll last for a long time, but there's so much uncertainty now. We could have a recession sometime in the next couple of quarters." Consumers we talked to at Djomo's bakery plan to support him and other businesses as much as possible.

"I'm so glad that we found it and I think we're going to be coming here for the croissants," said customer Judith Alvarenga.The hope is it's enough to keep the doors open in the coming year.Davis says everybody should be prepared for some fairly sudden changes in the economy in the coming months.Trending

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 289. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Home Decor Deals for Black Friday and Small Business Saturday Around DC - WashingtonianAnyone need some last-minute finds to spruce up your home for the holidays? These DC-area home decor stores are offering holiday sales for Black Friday and Small Business Saturday—on November 25 and 26, respectively. Joybird 1328 14th St. NW The Logan Circle showroom will offer 40- to 45-percent off its items on Black Friday, when
La source: washingtonian - 🏆 74. / 68 Lire la suite »

Small Business Saturday deals: Rebate available for shopping in Rogers ParkSmall Business Saturday deals will be available in Rogers Park and shoppers can get money back, depending on how much you spend.
La source: ABC7Chicago - 🏆 284. / 63 Lire la suite »

Texas companies prepare for 'Small Business Saturday' - KRLD NewsSmall businesses in Texas are hoping shoppers will look beyond major retailers for 'Black Friday.' 'Small Business Saturday' was launched by American Express 13 years ago; the Small Business Administration now urges people to visit locally owned shops and restaurants the Saturday after Thanksgiving.
La source: KRLD - 🏆 75. / 68 Lire la suite »

What is Small Business Saturday? The annual post-Thanksgiving push for consumers to buy from small businessesBig retailers often have the spotlight when it comes to holiday shopping, but Small Business Saturday, which happens on the Saturday after Thanksgiving, gives small businesses some time in the spotlight. Here's what you should know about the annual shopping event. Buy from them now before amazon crushes them.
La source: fox7austin - 🏆 594. / 51 Lire la suite »

3 Easy Ways to Boost Your Small Business SEO (Without Expert Help) | HackerNoonHere are 3 powerful tips to help you improve the SEO of your business. - by syedbalkhi seotips seo
La source: hackernoon - 🏆 532. / 51 Lire la suite »

How small-business owners can handle poor performers at workFor small-business owners, poor performers can be a drag on the bottom line. Here's how to help them improve. In partnership with IndeedBusiness.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »