Small-business owners are struggling with their supply chains. But they’re more optimistic.
Nearly half of small-business owners raised their average prices in August, according to a report from the National Federation of Independent Business. While their optimism about hiring and potential sales increased slightly from the prior month, 44% said they plan to raise prices in the future.
Nearly half of small-business owners raised their average prices in August, according to a report from the National Federation of Independent Business. While their optimism about hiring and potential sales increased slightly from the prior month, 44% said they plan to raise prices in the future.
In this story published Sept. 14, 2021, on Marketplace:
Inflation is related to supply shortages. They can't get the components and finished goods they need. So, they're increasing the price of the stuff they have.
– Dale Rogers, professor of supply chain management
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