During a survey on small businesses in the U.S. in August 2024, about 21 percent of the respondents stated that the most important problem for small businesses was quality of labor. Additionally, around 24 percent of survey participants said that inflation was the most important problem for their business, a slight increase from August 2023, when inflation was the biggest concern for 23 percent of businesses.
Single most important problem for small businesses in the United States in August 2024
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
NFIB. (September 10, 2024). Single most important problem for small businesses in the United States in August 2024 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/220371/single-most-important-problem-for-small-businesses-in-the-us/
NFIB. "Single most important problem for small businesses in the United States in August 2024." Chart. September 10, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/220371/single-most-important-problem-for-small-businesses-in-the-us/
NFIB. (2024). Single most important problem for small businesses in the United States in August 2024. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/220371/single-most-important-problem-for-small-businesses-in-the-us/
NFIB. "Single Most Important Problem for Small Businesses in The United States in August 2024." Statista, Statista Inc., 10 Sep 2024, https://www.statista.com/statistics/220371/single-most-important-problem-for-small-businesses-in-the-us/
NFIB, Single most important problem for small businesses in the United States in August 2024 Statista, https://www.statista.com/statistics/220371/single-most-important-problem-for-small-businesses-in-the-us/ (last visited December 21, 2024)
Single most important problem for small businesses in the United States in August 2024 [Graph], NFIB, September 10, 2024. [Online]. Available: https://www.statista.com/statistics/220371/single-most-important-problem-for-small-businesses-in-the-us/