Amidst a stressful holiday season with inflation and cost of living being top of mind, consumers continue to remain cautious this year. This year’s annual report by QuickBooks titled “Holiday Shopping” found that consumers are pulling back on spending this year — shoppers are expected to spend $85 billion less versus last year, a 34 … Read more
In the newly published fourth Amex Trendex: Small Business Edition, the report looked at the current state of small businesses and the outlook for the rest of the year. The study was conducted by Morning Consult LLC on behalf of American Express and surveyed more than 1,100 U.S. small business financial decision-makers, including more than … Read more
Researchers at SMB Compass, the financial services firm, set out to see how much income single adults need to “live comfortably” in each state. And while the most costly and least costly states to live may not be a surprise, the difference between them is startling. According to the study, the difference between the most … Read more
In a recent survey published by Amex, small business owners have cited cash flow and pricing as their concerns for the year. The third edition of the “Amex Trendex: Small Business Edition” surveyed 1,127 SMB decision-makers, including 514 businesses with 10 employees or less, 412 businesses with 11 to 100 employees and 201 businesses with 101 to 500 employees. Top concerns by SMB owner … Read more
With the ongoing housing crisis (among other financial anxieties) causing Americans great economic stress, many say they believe it is more beneficial to focus on owning a business than owning a house. In Intuit QuickBooks’ recently released a report titled “Entrepreneurship in 2024 Report,” which examined SMB and entrepreneurial trends for 2024 with a survey … Read more
