Bob Elliott
· Nonconsensus
· April 15, 2026 at 10:29
· ⏱ 3 min read
| Read on Substack ↗
Summary
The author describes a challenging environment for small businesses, which are facing a squeeze from rising input costs and a tight labor market. This is compounded by their limited pricing power, making it difficult to pass on these increased costs to customers. The author also notes that hard data reflecting this trend is still sparse.
•Small businesses are experiencing a squeeze due to rising input costs and labor shortages.
•These companies have limited pricing power to offset higher costs by raising prices for their customers.
•Hard data confirming the extent of this squeeze is not yet fully available and will take a few months to emerge.