Episode Notes

Hey everybody, this is Gene Marks and welcome to this week's episode of the Hartford Small Biz Ahead podcast. Thank you so much for joining me. Wanna talk to you more about inflation. Just in the past week, the Bureau of Labor Statistics announced their inflation numbers and it's good news. Inflation now in the most recent month is, running at around 4%, which is less than a half than what it was like a year, year and a half ago. And more importantly, the producer price index, which is that leading indicator of prices that's like the price of like materials and goods and products, even labor that businesses are spending on to turn into their final products. So it's like a leading indicator of inflation, that really dropped. It's down to 1.1% on an annual basis. So good news, costs are coming down.

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