My business was never affected by inflation. Everything's fine on that front.
8% (117 Votes)
8%
Yes, my expenses are down & I'm starting to bounce back.
3% (50 Votes)
3%
Costs are a bit better.
5% (78 Votes)
5%
No change to report here. The effects of inflation are cumulative for me.
19% (273 Votes)
19%
Not at all -- inflation's still crushing us.
40% (587 Votes)
40%
It's hard to feel good about a drop in inflation, while high interest rates are really hurting my business.
18% (265 Votes)
18%
So what? It won't save my business. It's too late. I have to shut it down.
2% (27 Votes)
2%
Other. (Please explain in the comment section below).
4% (60 Votes)
4%
Answers (21-30)
Inflation is actually increasing, especially as the base effects (YOY favorable comps,) sunset. Given the Administration’s agendas of ‘Green’ junk science (incandescent bulbs, stoves, dishwashers, HVAC and worst, the rolling HazMat sites that are BEV’s combined with their Perma-War/Taliban Surrender/Ukraine/Mid East, the munitions replenishment alone will continue to drive energy/metals higher even as the War on US Energy will support sustained higher fuel prices as the appropriate investment in the energy sector has been drastically curtailed by myopic, virtue casting pressures on Wall St & the banking community, to shun requisite financing opportunities
Leaven preceeding with Biden’s War on our blessed Reserve Currency status, whilst skyrocketing deficits, and collapsing global demand for our exploding financing requirements, even as the BRICs (and others,) have learned that US treasuries are not a safe store of Capital (ask Vlad,) and our Ponzi finance has transitioned into circling the drain, as higher rates require increased issuance, just to fund the interest on the debt, forget any actual net debt repayment as we meet each maturity with more issuance.
The damaging effects of the unnecessary sudden rise of inflation are going to linger. Private spending is up for millennials as the government is giving them a false sense of security while other groups are understandably restrained.
Our food costs have gone up 34%...that's right out of Sysco and U.S. Food
We don’t see anything that the inflation is going down.
Our industry follows the homebuilding and real estate business closely and the interest rates are definitely hurting the industry. I do not see any improvement in overall inflation as all cost of goods, employee wages, business insurance and all operating cost are all rising. Grocery prices are through the roof along with all cost of living expenses thank to a weak administration that spends money foolishly. We spend so much money on supporting wars, other countries for every reason, illegal immagrants but can not take care of our own veterans and homeless. Oh, lets not forget the TRILLION DOLLARS in interest paid annually on the national debt.
Inflation may not being going up as fast as it has been since the Presidential election was stolen, but, the prices of everything are not coming down. All costs are at the highest levels ever because we all, Americans, let the socialist dems steal our 2020 election and run our economy into the ground! The largest blame can go on Bill Gates, the Clintons, and the entire News Media for false reporting and allowing the crime of the century to take place. All the people who listen and believe the fake news, please change! Help turn this country around, remove the criminals in government office!
Compounded inflation from 2000 thru today approximates 40-50 percent overall up to 100 percent for car gas, restaurants and many grocery items. Prices need to drop. Even slight inflation is painful since it pushes up the compounded inflation mentioned above. Nobody is explaining the problem in this way. Current leaders and economic policies are blind, are either lying or dead wrong. I am a CPA owner with 50 years of studying world and USA economics. USA, China and Russia are each in economic turmoil and continue to drop further. Milk
The way to make yourself look good is to run inflation from 1.4% to 9.1%, highest in 40 years. Then when lower to 4% , by raising interest rates, is a disgrace. Now many people can't buy homes, cars and many other things.
The same analogy for gas prices. Prices started around $2.20 per gallon and run prices to almost $5 per gallon. So when gas prices come down to around $3.50 a gallon, some want to praise the reduction instead of saying how high it is.
We need to cut spending. Spending is out of control.
The economy is strong. Consumers are weak. Consumer Confidence will remain low due to false messaging used by politicians and others to have another fighting point. Look around. Wages are up. Unemployment is down. Rates are up and will remain up until gains are recouped from when rates were near zero. (Share holders need to get that money)
Until this segment of the economy is corrected big ticket sales will lag.
Please stop blaming everything on elected officials. It just shows your fundamental lack of economic understanding. BRING BACK CIVICS AND ECON CLASSES IN SCHOOLS. LOL
There is no decline in inflation! The cost of goods and supply is still an issue. We have been busy but its from us getting out and hitting the different markets to keep us busy. You have to stay on top of things and I don't see any light any time soon.