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It could signal that wage and other cost pressures are easing or that sales are weakening and the economy is slowing.
Big businesses can rely on reams of data to figure out how much to raise prices. Small business owners don’t have that luxury.
Inflation is cooling, but food prices are still much higher than they were a year ago. Bakery products, in particular.
The latest small business index is an example of the disconnect between people’s experience of the economy and their perceptions of it.
Banks may get stingier and more selective with loans, and that could hurt businesses that need them.
Annie Lang-Hartman, owner of Wild Lettie, just signed the lease on a new location, hoping to expand her product offerings.
The Chinese city of Ruili, on the border with Myanmar, has had more lockdowns than almost any other place in China.
Some small firms can’t afford not to advertise.
The labor market is still pretty tight, but the smallest businesses are more vulnerable to an economic downturn.
Here’s how holiday markets help small businesses and artisans earn up to 50% their annual sales in the last six weeks of the year.