11-15-22 – Survive and Thrive the Economic Downturn – Tactic #1: Send Your Customers a Video Message

NEWS ROUNDUP

1
* The rate of inflation (Consumer Price Index) last month was lower than expected.
https://www.bls.gov/news.release/cpi.nr0.htm
* Inflation at the wholesale level also eased in October.
https://www.bls.gov/news.release/ppi.nr0.htm
* The University of Michigan index of consumer sentiment fell in November.
http://www.sca.isr.umich.edu/

2
The Small Business Optimism Index dropped 0.8 points in October to 91.3, the 10th consecutive month the index has been below the 49-year average of 98.
  https://www.nfib.com/surveys/small-business-economic-trends/
  https://assets.nfib.com/nfibcom/SBET-Oct-2022.pdf

3
Hiring at small businesses declined by 1.94% in October.
https://www.cbiz.com/insights/articles/article-details/cbiz-small-business-employment-index-reports-notable-decline-in-october

4
Small businesses are finding it more difficult to borrow money at all sorts of lending institutions, according to the October Biz2Credit Small Business Lending Index.
https://www.biz2credit.com/small-business-lending-index/october-2022

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