Inflation in the United States rose to 7% in December 2021, the highest rate since June 1982. This is compared to 6.8% in November 2021, with inflation skyrocketing in 2021 likely due to a number of factors, including pandemic-induced supply constraints and the energy surge. costs.
However, a recent Yelp report shows a majority of small business owners remain optimistic about the future of their business as customers and business owners face rising prices for goods and services. . Rising prices were increasingly mentioned in Yelp reviews, the company found, even as new business growth continued.