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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessSmall Businesses See Inflation Replace Labor Quality As Top Concern
- The NFIB small business index increased a little more than expected to 91.9 (cons 91.0) in Dec from 90.6, marking a joint high with July and before that Nov’22.
- It’s seen a recovery off a low of 89.0 in April but remains firmly below the ~105 averaged through 2017-19 or 98 from its 50-year average.
- “Twenty-three percent of small business owners reported that inflation was their single most important problem in operating their business, up one point from last month, and replacing labor quality as the top concern.”
- Within the survey, a net 32% planned price hikes in the next three months, down from 34% in November, but having averaged 32% since September after bottoming out at 21% in April.
- Having averaged 22% through 2017-19, this >30% level continues to imply difficulty in getting inflation all the way back to the 2% target.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.