Local Business Owners Grappling With Inflation | Local News
Although the Labor Department and Federal Reserve report indications inflation may be slowing after a months-long high, small business owners continue to grapple with the effects of rising prices.
“I think it’s hurting all of us, probably everybody. It may not have caught up yet, but if it stays this way another year we’ll be in trouble,” said Fred Campbell, owner of Creative Masonry.
Campbell was one of many local business owners who said the cost of fuel alone has been causing serious problems for them.
“I’ve got about 10 or 12 company trucks on the road, and my diesel and fuel bill has doubled,” he said. “Plus, when we quote jobs, we calculate the fuel costs based on what it costs that day.”
Some fluctuation in prices between the day the quote is given and the day work begins is…
