Small Business Index Q1 2024

April 24, 2024
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Small Business Index Q1 2024

Small businesses continue to cite inflation as their top challenge for the seventh consecutive quarter, with over half (52%) reporting it as their main issue. Professional services sector is the least likely to consider inflation costs as a major problem (37% vs. 54-61% for other sectors).

This trend differs from the previous quarter when professional services and manufacturing sectors were less likely to report inflation as a concern compared to the services industry.

https://www.uschamber.com/sbindex/quarterly-spotlight

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