Paychex Thrive Week in Review: Consumer Sentiment Down, Credit Access Could Tighten, and Job Openings
Dec 8, 2023
Why consumer sentiment has me concerned
Despite the record breaking holiday numbers — Black Friday and Cyber Week — in consumer spending, sentiment remains low about the economy and rising prices. For small business owners, it’s becoming for difficult to access credit per a proposed rule by the Federal Reserve. What does this mean going forward? Plus, interesting data about jobs in the small business sphere.
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