(The Center Square) – Small businesses are citing the highest levels of uncertainty since the COVID-19 pandemic, a concerning economic indicator.
The National Federation of Independent Businesses released the survey of small businesses, which found that small business uncertainty spiked last month.
NFIB keeps an “Uncertainty Index” which spiked 9 percentage points last month, hitting the highest level since November of 2020, when the COVID-19 pandemic was raging and businesses were shutting down across the country.
“The small business sector is responsible for the production of over 40% of GDP and employment, a crucial portion of the economy,” NFIB Chief Economist Bill Dunkelberg said in a statement. “But for 29 consecutive months, small business owners have expressed historically low optimism and their views about future business conditions are at the worst levels seen in 50 years. Small business owners need relief as inflation has not eased much on Main Street.”
Meanwhile, 22% of small businesses cited inflation as the biggest concern operating their business. Inflation has remained stubbornly elevated this year, although lower than the record pace earlier in President Joe Biden’s term.
“Price hikes were the most frequent in the retail (55% higher, 6% lower), finance (50% higher, 3% lower), construction (42% higher, 9% lower), manufacturing (42% higher, 12% lower), and services (37% higher, 6% lower) sectors,” NFIB said in its report. “Seasonally adjusted, a net 28% plan price hikes in May.”
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If you’re considering adding a furry friend to your family, look no further than Aria Mia, a sweet little kitten currently up for adoption at Prince William County Animal Services. This brave little one arrived as a stray with injuries to both of her eyes. Aria Mia has already undergone surgery on one eye and will need follow-up treatment for the other. Despite her challenges, she’s shown incredible resilience and is ready to start a new chapter with a loving family.
Aria Mia has already proven that she’s not just a cat lover but a dog lover too! During her recovery at Caring Hands Veterinary Clinic, she showed how well she gets along with dogs. So, if you’re looking for a kitten who can coexist with your furry canine companions, Aria Mia might just be the perfect fit for you.
Come meet Aria Mia today and see for yourself what a sweet, loving companion she can be. She’s eager to find her forever home and start the next phase of her life in a caring and compassionate environment.
Deuntay Diggs, Chair of Stafford County’s Board of Supervisors, indicated Tuesday evening that he is prepared to take legal action should some of his colleagues continue to ask for an amendment to the Code of Performance that “adversely affects my career, my calling,” reports the FXBG Advance.
A report from the Federal Railroad Administration requested by Fredericksburg City Council and Mayor Kerry Devine on this past summer’s freight car derailment blames human error for the mishap, reports the FXBG Advance.
The Stafford County Board of Supervisors is progressing toward finalizing a Memorandum of Understanding (MOU) between the Economic Development Authority (EDA) and the Department of Economic Development.
The draft MOU aims to clarify the roles and responsibilities of both entities in promoting economic growth and business attraction within the county. However, concerns raised by some Board members suggest that the document may need further refinement before it can be adopted.
During a work session on January 28, 2025, Liz Barber, the county’s Director of Economic Development, presented the draft MOU, highlighting the extensive process that led to its creation. The document was developed over the past year, with input from both county administration and EDA members. Its goal is to establish clear guidelines and expectations for the EDA and the Department of Economic Development, particularly regarding the administrative processes, division of duties, and collaboration between the two bodies.
Travel to French soil and join us for a night filled with two of the most beloved French traditions—no plane ticket required! ?
On January 25th, we invite you to experience the magic of Galette des Rois, a 700-year-old tradition celebrated across France throughout the entire month of January (and even beyond!). This sweet, almond-filled puff pastry topped with a golden crown isn’t just a treat—it’s a celebration! The lucky person who finds the fève (a porcelain charm hidden in one of the slices) becomes the King or Queen for the Day, and don’t worry—there will be plenty of royalty to go around! ??
But that’s not all! In France, Les Voeux (New Year’s wishes) continue throughout January, often accompanied by Champagne and good cheer. We’re bringing that festive spirit to you, with a lively evening packed with French food, wine, and music.
What’s in store:
Experience the passion and drama of Puccini’s “The Girl from the Golden West”.
Featuring special guest musicians from The Chesapeake Youth Orchestra,
this performance brings Puccini’s masterpiece to life with an extraordinary cast.
