Optimism among America’s small business owners fell last month, with many of them deeply concerned about the negative effects of inflation, according to the National Federation of Independent Business (NFIB). The NFIB’s Small Business Optimism Index fell 0.8 points to 91.3 in October, which is the 10th straight month the index has remained below the…
US Small Business Owners Have ‘Dismal View’ of Future as Inflation Woes Continue: NFIB
November 9, 2022
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Small Business Owners Struggling to Hire in Tight Labor Market
June 20, 2022
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A significant number of small businesses are struggling to hire workers and facing multiple challenges in their recruitment efforts, according to the National Federation of Independent Business (NFIB). Current labor market conditions are very tight, with 51 percent of all small business owners reporting that they could not fill their job openings, a June 14…
Inflation Is Top Concern for 80 Percent of US Small Business Owners: Bank of America
May 4, 2022
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Small-business owners in the United States are now more pessimistic about the future of the American economy, even though they expect revenues to increase, and inflation is their primary concern, according to the 2022 Small Business Owner survey published by the Bank of America (BoA). The share of small-business owners who expect their local economies…
Small Businesses Worried About Inflation, Forced to Raise Prices Even as Performance Improves
March 30, 2022
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Small businesses are “feeling good” about the health of their ventures and optimistic regarding the future, but they’re also worried about the effects of inflation, according to a poll taken Jan. 14–26 by the U.S. Chamber of Commerce and MetLife. A third of small-business owners ranked inflation as their biggest challenge, the Chamber said in…
Small Businesses Continue to Struggle: Fed Survey
Small businesses in the United States are going through hard times, struggling to generate revenue and in poor financial condition after more than two years since the COVID-19 pandemic broke out, reveals a report jointly published by 12 Federal Banks. “Many small businesses have not recovered to pre-pandemic levels, in terms of both revenue and…
Vaccine Mandate Exacerbating Challenges Faced by Small Businesses: Small Business Advocacy Group
December 8, 2021
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AMERICACCP VirusCOVID-19 vaccine mandateeconomysmall business challengesupply chain issueUSVaccines & Safety
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Small businesses across the nation have already faced labor shortages and supply chain disruptions, the Biden administration’s vaccine mandate upon private sectors would exacerbate the situation further, according to Karen Harned, the small business legal center director of the National Federation of Independent Business (NFIB). “For months now they’ve been struggling to get enough workers…
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