Three-Quarters of Small Businesses Hurt by High Inflation: Survey

Three-Quarters of Small Businesses Hurt by High Inflation: Survey
Men are seen on the sidewalk outside businesses in New York City on Dec. 6, 2021. Mary Altaffer/AP Photo
Tom Ozimek
Updated:

A new survey by Goldman Sachs paints a picture of U.S. small businesses struggling under the weight of surging prices, hiring woes, supply chain dislocations, and an Omicron-driven fourth wave of infections.

The survey, released on Jan. 24 and based on a poll of 1,466 small businesses, shows that 76 percent of respondents said inflation has had a negative impact on their business’ financial health over the past six months.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
twitter
Related Topics