Inflation top concern for small businesses even after recent declines: Survey

Inflation remains the biggest concern for small businesses even as price increases have cooled amid the Federal Reserve’s interest rate hikes, a recent survey found.

The survey, released on Friday by the Job Creators Network Foundation, found that when business owners were asked about the issue that was worrying them most, 49% of respondents in December said it was high inflation. That is up from 37% the year before and ties the series-high level of concern since the question was first asked.

After inflation, economy and client spending, as well as general operating costs, rounded out the top three concerns of small business owners.


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