Inflation fears among small business owners have risen to their highest level in four decades as owners remain broadly pessimistic about future economic conditions, according to the latest monthly poll from the National Federation of Independent Business (NFIB).
The NFIB’s small business economic survey (pdf), released Jan. 11, shows that 22 percent of small business owners reported that inflation was their single most important business problem, the highest reading since 1981. A year ago, a mere one percent of owners said inflation was their chief worry.