The latest survey conducted by the National Federation of Independent Business found that the biggest problem facing small businesses is no longer a shortage in labor, but inflation.
Up North Family Café owner Martha Brandau says rising prices made it a ‘no-brainer’ decision to close the restaurant indefinitely.
Employees assist a customer at Canales Quality Meats in Eastern Market in Washington, D.C, on Feb. 8, 2022. The NFIB survey showed that price hikes were most frequent in the wholesale sector, with 84% reporting increases, followed by 83% of construction industry owners, 78% in agriculture, and 77% inGasoline prices are above $4 a gallon for the least expensive grade at several gas stations on April 11, 2022, in Washington.
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