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71% of Small Businesses Brace for Price Hikes

10/24/2025

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Story summary
  • The CNBC | SurveyMonkey Small Business Index finds 71% expect price increases, up from 66%.
  • Twenty-four percent view rising prices as their top risk.
  • Businesses diversify supply chains and leverage local suppliers.
  • Creative marketing strategies, including authentic social media engagement, rise as ad costs grow.
  • Many small businesses turn to generative AI tools for content creation.