First-ever speedcubing competition in P.E.I. draws large crowd | SaltWire #rubikscube #charlottetownWASHINGTON - U.S. small-business confidence slipped to the lowest level in more than 11 years in March amid rising concerns about inflation, according to a survey on Tuesday.
That aligns with a pick-up in consumer prices in the first two months of the year. Price increases were prevalent in the finance, retail, construction, wholesale and transportation sectors. There was also an increase in the share of businesses raising compensation even as demand for labor is cooling.
Nonetheless, small businesses in the transportation, construction and services industries are experiencing an acute shortage of workers, both skilled and unskilled.