JCN: Elevated Producer Price Index Reflects Small Business Struggles in the Biden Economy
April 14, 2023
April 14, 2023
ADDISON, Texas, April 14 (TNStalk) -- Job Creators Network issued the following statement on April 13, 2023:
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Alfredo Ortiz, president and CEO of Job Creators Network, released the following statement on today's producer price index, which rose by 2.7%, and core PPI, which rose by 3.6%:
"Persistently rising wholesale prices hurt small businesses, which tend to operate on tiny profit margins that inflation erodes. This ongoing inflation that's crea . . .
* * *
Alfredo Ortiz, president and CEO of Job Creators Network, released the following statement on today's producer price index, which rose by 2.7%, and core PPI, which rose by 3.6%:
"Persistently rising wholesale prices hurt small businesses, which tend to operate on tiny profit margins that inflation erodes. This ongoing inflation that's crea . . .