12-13-22 – Reassess Your Value Proposition – Surviving the Economic Downturn – Tactic #4

NEWS ROUNDUP

1
The producer price index, a measure of wholesale inflation, rose 7.4% in November from a year earlier.
https://www.bls.gov/news.release/ppi.nr0.htm

The consumer price index also eased last month, to a year-over-year increase of 7.1%.
https://www.bls.gov/news.release/cpi.nr0.htm

2
Nearly half of small business owners – 47% – described current conditions as middle of the road for their companies.  A majority, 58% said they expect changes in government regulations to negatively affect their business in the next 12 months, and 61% said they expect changes in tax policy to negatively affect their business over the same time period.
https://www.surveymonkey.com/curiosity/cnbc-small-business-q4-2022/

3
The average income for small business owners nationally slightly under $61,000.
https://www.fool.com/the-ascent/small-business/articles/heres-the-average-small-business-owners-income/

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