With small business optimism plummeting to an 11-year low, exacerbated by surging inflation and a shrinking labor force due to post-COVID government benefits, concerns mount about the economic landscape. As rents rise, hiring plans falter, and easy money policies end, a challenging environment emerges where success becomes increasingly elusive.
Small business optimism hits fresh 11 year low as inflation surges and $800 billion in post-Covid government benefits take millions of workers out of the labor force.
Rents are expected to jump 9% this year, and the Fed just turned off the easy money spigot, and hiring plans are… https://t.co/6VexKJ89PU
— Wall Street Mav (@WallStreetMav) April 18, 2024