We all know that gas prices fluctuate all the time, but do you really understand how much gas prices affect small businesses and the overall economy? The constant changes in gas prices make it hard for small business owners to predict how to allocate time and money. Increases in gas prices can mean that many small businesses have to reduce hours given to employees and that consumers have less money to spend on goods.
This infographic by National Funding provides an in-depth look into the effects of gas price fluctuations for multiple industries from food trucks to furniture companies and the overall impact they have on the economy.
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Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders’ Zone, a construction / home improvement portal.