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Small Business Expectations for Future Conditions Hit All-Time Low
Owners reporting inflation as biggest business problem highest since 1980 WASHINGTON, D.C. (July 12, 2022) – The NFIB Small Business Optimism Index dropped 3.6 points in June to 89.5, marking the sixth consecutive month below the 48-year average of 98. Small business owners expecting better business conditions over the next six months decreased seven points to a net negative 61{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73}, the lowest level recorded in the 48-year survey. Expectations for better conditions have worsened every month this year. Inflation continues to be a top problem for small businesses with 34{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73} of owners reporting it was their single most important problem in operating their business, an increase of six points from…
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Houston home foundation repair company sees uptick in business amid drought conditions
CYPRESS, Texas – Drought ailments in the Houston space are bringing more small business to a longtime basis improvement corporation. “Our contact volume has practically doubled, and it is doubled mainly because of the extreme heat,” claimed common supervisor of Olshan Basis Remedies Chris Cates. “The intense warmth causes the floor to shrink and when it shrinks, the property settles in the gap that it results in, and it causes cracks in the brick veneer and in the sheetrock inside.” Cates explained the workload for his crews has doubled in the final thirty day period, the active season hitting about a month before than common. Work is at the moment…
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