Small Businesses Slash Budgets Amid Inflation, 52% of Consumers Reduce Spending

Posted under: SMB
Date: 2024-11-11
Small Businesses Slash Budgets Amid Inflation, 52% of Consumers Reduce Spending

A Constant Contact and Ascend2 report found that the majority of small business owners are reducing their spending due to growing inflation. According to 46% of the 16,000 small business owners and marketers surveyed, inflation affects them, so they plan their spending appropriately. Additionally, 39% of poll participants stated that they have raised their prices as a result of inflation.

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Small Businesses Slash Budgets Amid Inflation, 52% of Consumers Reduce Spending

Posted under: SMB
Date: 2024-11-11
Small Businesses Slash Budgets Amid Inflation, 52% of Consumers Reduce Spending

A Constant Contact and Ascend2 report found that the majority of small business owners are reducing their spending due to growing inflation. According to 46% of the 16,000 small business owners and marketers surveyed, inflation affects them, so they plan their spending appropriately. Additionally, 39% of poll participants stated that they have raised their prices as a result of inflation.

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