Montana Small Businesses Report Rising Uncertainty, Labor Shortages
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How it started
What happened
A survey by the National Federation of Independent Business showed that the Small Business Optimism Index slipped below its 52-year average in September, while business uncertainty increased. For the third consecutive month, finding qualified workers was cited as the biggest challenge for employers in Montana and nationwide. Inflation was reported as the second most significant issue for businesses surveyed.
From newstalkkgvo.com
Why it matters
The findings reflect broad economic uncertainty among small business owners, with only 7% feeling it is a good time to expand. The difficulty in filling job openings and concerns over inflation and poor sales indicate ongoing pressures on local commerce in Montana.
From newstalkkgvo.com
Who's involved
- MontanaThe state where small business owners are reporting economic uncertainty and labor challenges.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- MontanaSpeculative
Small businesses in Montana might face increased operating costs due to inflation and labor shortages.
How it developed
Newest first. Tap a step to see who reported it.- Gayle Lammers and Brad Molnar discussed legislation and served on an interim committee in Montana.Sub-event
Montana lawmakers are preparing for the next legislative session.1 source
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The entities involved
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Montana
city in Montana municipality, Montana oblast, Bulgaria
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Montana Legislature
Legislative body of the state of Montana