Over 60 percent of American small-scale employers are worried about inflation threatening their businesses with the highest prices since 1982, according to a recent survey by Clarify Capital.
In a poll of more than 500 small-business owners, 61 percent said they were worried about staying afloat in the current economic climate.
Sixty-six percent of poll respondents reported that inflation had worsened since the start of 2022. Sixty-five percent said inflation was their primary concern, with 76 percent reporting that they’ve had to raise their prices in the past year.
Many are concerned about the ability to stay open after having to pay thousands of extra dollars just to pay for basic goods and utilities.