Not only is rent going up for housing across the nation, but small businesses are also feeling the pinch. A study by the Bank of America Institute found that rent increases are being felt most by small businesses in the West, where the average percentage of rent payments in May was more than double the national average. The latest data from April showed around 43% of small business owners in the United States were unable to pay their full rent on time.
have been looking also in other states because there's a lot of people moving out of Colorado, out of Denver, a lot of businesses, because the price is too high to run business," Baca said. Up to 20 cities across the nation have seen an increase in their rent over the past year. Small businesses in Las Vegas, San Diego and Washington D.C. make some of the biggest payments.
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:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Competition could be causing the spike in rent for business owners on South Congress AveIf you've lived in Austin for two years, or 20, you know that South Congress Avenue is one of the hottest spots in town.Some call it the heart of Austin-- from
Source: cbsaustin - 🏆 595. / 51 Read more »
Small Business Administration offers $30 million in grant funding to Women's Business CentersThe Small Business Administration will offer $30 million in grant funding for Women’s Business Centers for a variety of projects, including funding to open a center in the U.S. Virgin Islands.
Source: ksatnews - 🏆 442. / 53 Read more »
Small Business Administration offers $30 million in grant funding to Women's Business CentersThe Small Business Administration will offer $30 million in grant funding for Women’s Business Centers for a variety of projects, including funding to open a center in the U.S. Virgin Islands.
Source: wjxt4 - 🏆 246. / 63 Read more »
Small Business Administration offers $30 million in grant funding to Women's Business CentersThe Small Business Administration will offer $30 million in grant funding for Women’s Business Centers for a variety of projects, including funding to open a center in the U.S. Virgin Islands. Eligible organizations that are selected will be awarded up to $150,000 to open and operate a Women’s Business Center.
Source: AP - 🏆 728. / 51 Read more »
Hilton Hotel near Oakland Airport latest longtime business to close after 56 years in businessPark Hotels and Resorts plans to close the Hilton Hotel near the Oakland Airport following the path of several other businesses along Oakland's Hegenberger Corridor.
Source: abc7newsbayarea - 🏆 529. / 51 Read more »