PYMNTS - Main Street Health: SMBs Battle Inflation - Q3 2022 - September 2022 - Explore how inflation is pushing some Main Street SMBs toward failure — and others toward success

Main Street Health Q3 2022: SMBs Battle Inflation

Inflation Takes Mixed Toll on Main Street Small Business 

According to PYMNTS survey of 533 US businesses for the new “Main Street Health: SMBs Battle Inflation” report, the impact of rising prices has delivered a mix of results, ranging from “greatest challenge” to expectations for increased sales and improved margins.

Inside the September Survey

  • 25%: Share of predominantly online sellers that have increased their profit margins this year
  • 73%: Share of retail businesses that say they have experienced price increases
  • 46%: Share of SMBs surveyed that increased employees’ hourly rate or wages

Main Street Health Report