WASHINGTON - U.S. small-business confidence increased to a six-month high in June, but inflation worries lingered amid a rise in the share of owners planning to raise compensation for workers over the next three months.
A net 22% of businesses planned to increase compensation in the next three months, up 4 points from May. That was despite 37% of owners reporting job openings they could not fill, down 5 points from May.The NIFB, however, noted that the labor market remained tight in the construction, transportation, and retail sectors. About 16% of businesses reported unfilled positions for unskilled labor, an increase of 2 points from the prior month.
The share of small businesses raising average selling prices increased 2 points to 27% in June. But the proportion planning price hikes slipped 2 points to 26%. Higher borrowing costs are constraining capital expenditure, with the share of small businesses reporting capital outlays in the last six months dropping 6 points to 52%, the lowest level since August 2022. The proportion planning capital outlays over the next six months was unchanged at 23%.QUEBEC CITY, Que.
Courteney Cox, 60, Crawls Out of a Freezer in Face Mask and Bikini as She Pokes Fun at Her Wellness RoutineStanding by the side of his RV in a bright blue T-shirt, Donald Varnador proudly shows off his manicured garden. "I hear people always talking about more affordable housing. Well, this is affordable housing."Gator, a senior, lives in the Riverbend Cottage and RV Resort just outside Parksville on Vancouver Island.
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