Twelve percent of Main Street SMBs are concerned about whether they will survive the next two years, and 37% say inflation has been their greatest challenge this year. Despite these grim realities, 54% of Main Street SMBs expect revenues to increase, and 25% of online...
December 07, 2022
High inflation and the threat of an imminent recession make it increasingly difficult for all firms, and the current economic landscape particularly curbs the optimism of Main Street small to midsized business (SMB) owners. PYMNTS’ research found that two-thirds of Main Street SMB owners anticipate a recession and that about 40% of firms consider inflation […]
