New Survey: Small Businesses Expect Fed Rate Hikes This Year; Are in Bill Paying Triage; Weigh in on What 4 More Years of Bidenomics Looks Like
The new May Freedom Economy Index survey of 80,000 small businesses found that small businesses remain in survival mode, with 4 in 10 now delaying paying bills to manage cash flow. 7 in 10 have put all staffing plans on hold, neither hiring nor reducing staff, and 6 in 10 are now preparing for the possibility of stagflation.