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Podcast: γ¬γ’γΈγ§γθ±δΌθ©± Daily News Article Podcast
Episode: Small biz owners are both hopeful and anxious about the holidays, taking a cue from their customers
Description: All signs point to a relatively solid holiday season for America's small businesses. Yet, owners of these businesses appear to have a collective anxiety about the months ahead.
They have their customers to thank on both counts.
Americans kept up their spending over the summer, witnessing the government's estimate that the economy grew by 4.9% in the third quarter. Yet even as they open their wallets, consumers seem pessimistic about their finances. A recent AP-NORC (Associated Press-National Opinion Research Center) poll found that many Americans are concerned about their financial future.
In turn, after two years of a COVID-fueled sales boost...