If you are a business owner or consumer, you know firsthand how challenging the situation is. Many merchants have had to deal with delayed shipping, lack of inventory, or loss of workers. Inflation has risen sharply, at a stunning 7.5%, the biggest jump since 2008. Economists speculate that the jump in inflation is primarily due to importing and manufacturing costs. We are clearly living in difficult times-- the pandemic has affected businesses, especially small businesses, in dramatically damaging ways.
