Inflation
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Small Businesses Fighting to Stay Afloat Amid High Inflation

Small Businesses Fighting to Stay Afloat Amid High Inflation
A waiter wearing a mask and gloves delivers food to a table to customers seated at an outdoor patio at a Mexican restaurant in Washington, on May 29, 2020. Saul Loeb/AFP via Getty Images
Emel Akan
Emel Akan
Reporter
|Updated:

Inflation has reached levels not seen in 40 years, placing a strain on household budgets as well as small businesses across the country.

According to a new poll of more than 500 small businesses, 6 out of 10 company owners in the United States fear that inflation will force them out of business. The survey also found that nearly 75 percent of respondents had raised their prices over the past year to keep up with the rising costs.
Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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