News Formal

Small business owners lament inflation

  • 📰 cbsaustin
  • ⏱ Reading Time:
  • 41 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 44%
  • Publisher: 51%

Inflation News

Small Business Owners,NFIB,Optimism

As inflation continues to rise this year, small businesses are feeling the pain.

BAKERSFIELD, CA - APRIL 29: A shopper passes a shop door advertising acceptance of purchases with Master Card, Visa, and other credit cards April 29, 2003 in Bakersfield, California. MasterCard International made a surprise announcement April 28, moments before the start of trial, that it had struck a deal with U.S.

NFIB reports that while April’s numbers are slightly better than the month prior, small business optimism levels still mark “the 28th consecutive month below the 50-year average.”While inflation has slowed from its breakneck pace earlier in President Joe Biden’s term, prices have not come down from their now-elevated place. On top of that, inflation has sped up this year above experts’ predictions.

NFIB reports that while April’s numbers are slightly better than the month prior, small business optimism levels still mark “the 28th consecutive month below the 50-year average.”While inflation has slowed from its breakneck pace earlier in President Joe Biden’s term, prices have not come down from their now-elevated place. On top of that, inflation has sped up this year above experts’ predictions.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 595. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

City of Montgomery & Montgomery County mark Small Business Week with events, new support programs for ownersIt’s National Small Business Week, an annual event hosted by the U.S. Small Business Administration to recognize small business owners nationwide.
Source: wsfa12news - 🏆 338. / 59 Read more »

House Republicans to host showcase to honor National Small Business WeekRepublicans on the House Small Business Committee are holding a showcase this week for small businesses in honor of National Small Business Week.
Source: dcexaminer - 🏆 6. / 94 Read more »

Ten federal agencies receive 'A+' in annual scorecard measuring small business contracting goalsFederal grants can be a huge boost for small businesses. And some federal agencies do better at giving grants to small businesses than others. The Small Business Administration released its annual scorecard measuring how well federal agencies meet their small business contracting goals each year.
Source: AP - 🏆 728. / 51 Read more »

Small business owner questions business tax receipts for vacation rentals in Jacksonville BeachGary Randall doesn't think the math is adding up correctly for his business tax receipts. He came to the Ask Anthony team for help.
Source: FCN2go - 🏆 523. / 51 Read more »