As we reach the halfway point of May, small businesses are continuing to struggle to keep pace with persistent labor shortages and stubbornly high inflation. The Consumer Price Index (CPI) data released last week showed inflation barely budged at 4.9 percent, slightly down from 5 percent from the month prior. Core CPI, which excludes the more volatile measurements of food and energy,… Read more »

As we’ve moved into April, Main Street America continues to face strong economic headwinds on numerous fronts. The Consumer Price Index (CPI) data released last week showed inflation coming in at 5 percent and core CPI, which excludes food and energy, rose .4 percent from the prior month. Suffice it to say, when the target inflation rate is 2 percent, there is nothing to celebrate when… Read more »

After another month of newly released economic data and surveys on the state of the country’s small businesses, one thing is abundantly clear: this economy is still not working for Main Street America. The Consumer Price Index (CPI) data released this month once again confirmed inflation continues to be stuck at unprecedentedly high levels, coming in at 6 percent. Equally concerning, core… Read more »

It may be a new year, but President Biden and Congressional Democrats’ out-of-control spending spree continues to weigh heavily on the economy and the pocketbooks of the American people. Inflation remains persistently high with no clear end in sight despite the President’s best attempt to paint a rosy picture of the economy in his State of the Union address. Workers and Main Street know… Read more »