Things are getting tough for small businesses.
As a group, in October, it experienced its largest, most rapid increase in a single month in 2022, with the rent delinquency rate jumping 7%, according to Chuck Casto from Alignable.
Just in September, rent delinquency was at a six-month low, as optimism for Q4's earning potential was high and some small business owners reported increased sales, according to Casto.
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