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Small Business Center

Small Business Confidence Plummets Amid Lingering Inflation Concerns

April 17, 2024

March witnessed a significant downturn in small business confidence, as NFIB reported its lowest reading since 2012. Despite some indicators of a moderation in inflation, rising costs continue to trouble business owners. A quarter cited it as their primary concern. And expectations of further price hikes and rising compensation accompany that inflationary pressure.

Read more in CNBC about the report and what it means for small businesses.

By Rebecca Meiser

Contributor, Commerce + Communities Today and Small Business Center

Small Business Center

ICSC champions small and emerging businesses in getting from business plan to brick-and-mortar.

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