Bidenomics: A third of U.S. small businesses can't pay rent because of inflation

Bidenomics: A third of U.S. small businesses can't pay rent because of inflation

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The Facts Inside Our Reporter’s Notebook More than a third of small businesses can’t pay rent, newly released data shows.
The small business network Alignable released new survey results that found that 35% of U.S. small business owners “could not pay their rent in full or on time in June.”
“Most small business owners attribute this worsening situation to record-breaking inflation, which includes escalating gas, labor, and supply costs,” Alignable said. “Simply put, there’s less money available to pay the rent.”
According to the survey, rent increased for 48% of small businesses this month. Meanwhile, rent delinquencies have continued to...
Source: https://justthenews.com/nation/states/center-square/survey-third-us-small-businesses-cant-pay-rent-because-inflation?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators