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Ranking Member Luetkemeyer Reacts to SCORE Survey "Megaphone of Main Street: Inflation & the Economy"

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WASHINGTON, D.C. – Ranking Member Blaine Luetkemeyer (R-MO) issued the following statement on the latest SCORE Survey:


“The SBA’s resource partners, including SCORE, serve as a vital tool for small businesses and provide free counseling, resources, and mentorship. In order to provide the best service for entrepreneurs, it is vitally important that the SBA’s resource partners stay up-to-date on the top concerns of small business owners. Recently, SCORE surveyed a large sample of small business owners on how they felt about the current economy and inflation. The findings are clear, small business owners are adversely impacted by inflation, supply chain disruptions, and labor shortages under President Biden’s failed leadership,” said Ranking Member Luetkemeyer.


Read the full survey here.


Key Takeaways:
  • Most business owners are worried about inflation. 30.5% list inflation as a top concern and another 62.5% are generally concerned as they keep an eye on rising prices.
  • Due to continued economic uncertainty, three out of four business owners (76.4%) report feeling ambivalent about the economy – either somewhat positive, somewhat negative or neutral.
  • Many small business owners (62.7%) have seen their profits decline over the past six months.
  • Vendors and suppliers are charging 65.7% of business owners more than they were six months ago
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  • Surreal ValeCity online media
  • October 19 2022 Edition
    • Passion Exhibit Gallery Arte Azulejo
    • Gov Ivey Improved Broadband Access
    • Release Alaska Vital Statistics
    • Gov Lamont Clean Energy Investment Plan
    • Gov Reynolds Appoints Eric Howe
    • Gov Reynolds Iowa Budget Surplus
    • Baker Polito 24 Million Skills Capitol Grants
    • Gov Whitmer Increasing Road Patrol Funding
    • Gov Whitmer Investments Jobs Saginaw
    • First Food Delivery Nevadans in Need
    • Gov Sisolak Statement Escaped Inmate
    • Statement Donald J Trump Sept 27
    • Luna Fest Womens Film Festival
  • Elections 2022
    • Kelly for Alaska >
      • Tshibaka Premiere Energy Summit on Facebook
      • Alaska Radio Station Rejects McConnell Attack
      • Tshibaka Endorsed by America's Candidate Fund
      • New Tshibaka TV Ad Highlights
      • Kelly Tshibaka Endorsed by Edgar Blatchford
      • Tshibaka Time For a Change Education
      • As Fauci Retires Remember Murkowski
      • Kelly Tshibaka Statement Alaska Primary
      • Kelly Tshibaka Closing Primary Argument
      • Confirmed Rank Choice Voting Scheme
      • New Tshibaka Ad Can't Trust
      • Tshibaka Earns A Rating
      • Buzz Kelly Suspends Campaign Endorses Tshibaka
      • Tshibaka Time for a Change Constitutional Rights
      • Murkowski Continues Charade Pressing Haaland
      • Kelly Tshibaka Statement Planned Trump Rally
      • Tshibaka Statement Supreme Court Ruling Abortion
      • Tshibaka Blasts Gun Control Deal
      • Murkowski Embraces Gun Control Package
      • Murkowski Erode 2nd Amendment Rights
      • Tshibaka Endorsed by Harold Hamm
      • Jimmy Carter Lisa Murkowski Create Obstacles
      • Tshibaka Murkowski Gross Disregard Workers
      • Kelly Tshibaka Leaked Draft Supreme Court
  • Supporting ALL Law Enforcement
  • Thanks to the sponsors
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  • Archive 2022
    • Arts
    • Dining Out
    • Editorials
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  • Archives 2021
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  • A Valley and Beyond