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Business  |  Sarah Ulmer  • 
January 13, 2023

Small business optimism declines in December as inflation concerns linger

NFIB reports business optimism hits 12th consecutive month of below average lows. The NFIB Small Business Optimism Index showed a decline by 2.1 points in December, putting the index at 89.8 – the 12th month of consecutive below average lows. The prior 49-year average was 98. Expectations going into the next six months are that…
Business  |  Frank Corder  • 
January 12, 2023

Inflation eases but consumer costs remain high

Gasoline prices dropped in December 2022 as food, shelter and medical care costs rose. The U.S. Bureau of Labor Statistics (BLS) reported on Thursday that annual inflation slowed to 6.5% in December 2022, a sign that the high consumer prices plaguing the nation are easing. The inflation rate for the prior month of November 2022…