According to a new survey by Goldman Sachs 10,000 Small Businesses Voices, small business owners are more undecided about the presidential election than the general public, the Associated Press reports. The group surveyed 1,259 small business owners from 47 states, Puerto Rico, Guam, and Washington, D.C.
The vast majority plan to vote, with 96% saying they will definitely or probably vote in November, but 20% of small business owners say they’re undecided on who they plan to vote for for president. That’s compared to about 12% undecided among the general public.
According to the survey, 55% of small business owners say they think presidential candidates aren’t talking enough about issues that concern them, including inflation, small business tax policy, and the regulatory burden on small businesses.
Meanwhile, 71% say inflationary pressures have increased on their businesses, and 49% say they’ve had to raise the prices on their goods or services over the past three months.
