Eighty-nine percent of respondents report raising prices to counter inflation, and 82% have experienced supply chain disruptions. Other findings from the survey include:
- 60% of respondents are concerned about the financial health of their business because of inflation.
- 56% report an inability to meet customer demand.
- 47% report their profit margin decreasing due to inflation since the beginning of the pandemic.
- 46% are reducing the size of their inventory.
For more results, see “The Effects of Inflation on US Small Businesses.”