Companies looking to grow are facing an historically tight labor market and rising costs, but their plans to invest may be buoyed by recent government legislation.
1 Oct 2022
As the nation began to emerge from the COVID-19 pandemic in 2022, companies were still faced with a multitude of challenges. Supply chain bottlenecks and labor shortages persisted. And as the Federal Reserve attempted to rein in rising prices — with inflation peaking at 9.1 percent in June 2022 — the economy slowed down and worries surfaced about an impending recession.