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Freedom Economy Survey Reveals Struggles of Small Businesses Amid Economic Challenges

Newly released Freedom Economy Survey highlights the struggles of small businesses in America due to high inflation, expensive capital, and a slowing consumer economy. Retailers report slower Black Friday and Christmas sales, with 52% saying sales are much slower than last year.

The survey sheds light on the challenges faced by small businesses in the current economic climate, including the impact of high inflation, expensive capital, and slowing consumer spending. It also reveals the financial strain on small business owners, with many having to forgo or reduce Christmas bonuses and work longer hours. Additionally, the survey addresses the growing misalignment between college graduates and workforce realities, highlighting the need for higher education to better align with labor market demands to benefit both graduates and small business owners.