Economic growth last year, as measured by Gross Domestic Product (GDP), expanded at the fastest rate since 1984 as the economy bounced back sharply from the depths of the pandemic-induced recession.
The abrupt rebound in demand caught many firms off guard and resulted in shortages of goods and labor. With greater demand than supply, consumer prices have been climbing. As we look ahead to what is in store for the economy this year, many are wondering how much longer elevated inflation rates will continue and how the Federal Reserve will respond to a tighter labor market and high inflation.
The Economic & Small Business Outlook session will shed light on these topics for the U.S. economy. Additionally, the small business outlook portion of the presentation will provide a sense of the overall health of the small business sector and identify key themes shaping the small business landscape.
This webinar is a part of the National Small Business Week Virtual Summit, hosted by the U.S. Small Business Administration and SCORE.
Cosponsorship Authorization No: 22-1-C. SBA’s participation in this event is not an endorsement of views, opinions, products or services of any other person or entity. All SBA programs are extended to the public on a nondiscriminatory basis. Reasonable arrangements for persons with disabilities will be made, if requested at least 2 weeks in advance. Contact SBA, 409 3rd St, SW. Washington DC 20416 or SBA’s Answer Desk at 1-800-827-5722.
Visa is a global payments technology company that connects consumers, businesses and financial institutions around the world with products and services that make payments more convenient and more secure.Visa helps millions of cardholders across the world better manage their finances by enabling them to pay ahead with a prepaid card, to pay now with a debit card or to pay later with a credit card. We offer customers peace of mind in knowing they can use their cards with convenience, security and ease, virtually anywhere in the world, at any time.