TokyoTokyo Mon - Fri 10:00-18:00 +81 (366) 701-751

It’s the economy, stupid – POLITICO

Mount Equity Group Tokyo Japan > News > Markets > It’s the economy, stupid – POLITICO

COMPOUNDING INTERESTS — Small businesses are worried about inflation, supply chain problems and hiring enough employees, according to a new survey. But even as they pledge to help, the gubernatorial candidates’ plans only address those issues in broad strokes.

Seventy-four percent of small businesses are worried about inflation driving up their operating costs and 61 percent are worried about their wages keeping up with inflation, according to the new MassINC Polling Group, Coalition for an Equitable Economy and Massachusetts Growth Capital Corporation survey of 3,243 small businesses with under 500 employees, conducted June 30 through Aug. 9.

Some more stats: 60 percent of respondents were concerned about getting capital, and far more so for businesses owned by people of color. Fifty-four percent of small businesses cited difficulties finding qualified and reliable employees, 46 percent were worried about hiring enough employees…

Read more…