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Nfib

All articles tagged with #nfib

"Small Business Optimism Plummets to 11-Year Low Amid Inflation Concerns"

Originally Published 1 year ago — by CNBC

Small business confidence has dropped to its lowest level since 2012, with a quarter of respondents citing rising costs as their biggest concern. The NFIB survey revealed that inflation and labor market challenges are the primary issues for small business owners, with a net 28% reporting increased selling prices and 33% planning further price hikes. Despite other indicators showing receding inflation, small businesses remain apprehensive, particularly about rising input and labor costs. Inflation expectations have remained fairly stable, but concerns about rent, gas, and food prices persist, impacting small business optimism.

business businesseconomy businesseconomy economic-outlook inflation labor-market nfib small-business

"Small Business Owners Grapple with Resurgent Inflation Woes"

Originally Published 2 years ago — by Fox Business

Small business owners in the US are feeling pessimistic about the economy due to chronic inflation and a persistent worker shortage, as reflected in the National Federation of Independent Businesses' Small Business Optimism Index. Inflation has surpassed worker quality as the biggest threat to small businesses, with many owners raising prices to offset the impact. The survey comes ahead of the release of new consumer price index data, which is expected to show a continued rise in inflation, posing challenges for small businesses in 2024.

business small-business-economy economic-outlook inflation labor-quality nfib small-business small-business-economy