Money with Murphy: Why Small Business Health Matters
In this episode of Money with Murphy, Kara Murphy, CIO, KIM takes a look at the critical role small businesses play in the U.S. economy, making up nearly half of the nation's workforce and 44% of its GDP. While optimism is up from recent lows, small businesses still grapple with inflation, labor shortages, and uncertainty. Kara breaks down recent hiring trends, challenges facing business owners, and emerging signs-of-hope as inflation cools and retail sales pick up. Tune in to see how small businesses are navigating these economic shifts and what it could mean for economic growth.
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