A report indicates that nearly one in three businesses plans to increase prices within six months. ThuyTruongSpa 610

A new report by LendingTree has revealed that nearly a third of U.S. businesses are expected to increase prices by the end of the year as they adjust to rising costs and inflation. Over 30% of businesses surveyed by LendingTree expect their prices to be higher in six months than they are now, with about 5% expecting a decrease and 65 percent remaining the same. The findings come amid uncertainty over President Trump’s tariff rollout this year and continued pressure from inflation. LendingTree chief consumer finance analyst Matt Schulz said that tariffs are likely playing a significant role in these concerns, but also the overall sense of uncertainty in the American economy. The Wall Street Journal reported that modest price hikes will soon hit home improvement retailer Home Depot, despite the company’s efforts to lessen the impact of tariffs by relying on domestic products and diversifying its supply chain. Businesses in Rhode Island, New Hampshire, Montana, Washington, Oregon, and Vermont were most likely to expect to increase prices in the coming months.

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