Posts Tagged ‘U.S. economy’

Perseverance Through It All

Feb 15th, 2023

I think it’s fair to say every person on earth has faced some form of adversity, forcing them to persevere. It’s no different for the small business owner. Industry veterans have faced multiple challenges. The 1980s had recessions and inflation; the 1990s a period of economic boom with its own challenges; the 2000s brought increased […]

Is the U.S. Economy Really Heading for a Recession? Here’s What Economists Think

Feb 1st, 2023

Here’s the good news about the U.S. economy right now: Despite a wave of high-profile layoff announcements, most workers are still employed. Last week, the Bureau of Labor Statistics reported that the number of people filing for unemployment benefits fell to a nine-month low of 186,000. The unemployment rate remains at 3.5%, the lowest in […]

A New Inflation Reading Shows the Small Business Tipping Point Has Been Reached

Feb 16th, 2022

The latest Consumer Price Index reading, the highest in four decades, isn’t the only sign that inflation is extending rather than giving up its hold over the U.S. economy in 2022. An increasing number of American small businesses say they are now passing on higher costs to customers, or soon will be forced to make […]