Wednesday, August 09, 2023

Inflation Still Concerns Global Small Business Owners

©iStock/Yellow Man
Inflation is the single most important problem for many global small-business owners, the National Federation of Independent Business (NFIB) said, despite price rises slowing to their lowest level in two years in June. Many owners are also reporting a struggle to fill job openings, the federation said.

The percentage of owners expecting an improvement in business conditions in the next six months rose by 10 points to a net negative 30, the highest reading in nearly two years but still very low compared with the historical average, NFIB said.

Read more about how confidence for global small business owners ticked up in July but inflation concerns still weigh on businesses.

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