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Fresh Survey Data Indicates US Headed to Recession; Supplier Prices Continue to Climb

The monthly survey of over 70,000 small business owners, which is a joint project of PublicSquare and RedBalloon.work, also found that employers continue to anticipate a “difficult” recession in the coming 6 months.

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Key Takeaways (TLDR)

  • There is a misalignment between the workers colleges are producing and the workers employers are asking for.
  • Supplier prices have significantly increased, impacting small businesses and consumers, with inflation hitting small businesses the hardest.
  • Small businesses are adopting AI to deal with aggressive wage inflation.
BlockchainDetails
Chainpolygon-main
Transaction ID0x3bba800e64348cb7fb01148b8d203c0a056188de64a3d7628adb73b495c33978
Contract Address0xbCeAa38040FA0E95F0bB1A55135a41190630b17D
NWAI Digital Fingerprint736-5d97693203bfdb52c8c9c9e82353a6be
Registration Timestamp2023-11-02T16:30:10+00:00

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