NEWS ROUNDUP

1
The rate of inflation, as measured by the consumer price index, cooled in December to 6.5% compared with a year earlier.
https://apnews.com/article/december-2022-inflation-report-72bb938a443ab0500bd72d23f62214ad

In a recent poll of economists by the Wall Street Journal, experts put the likelihood of a recession at 61% in the coming months.
https://www.wsj.com/articles/despite-easing-price-pressures-economists-in-wsj-survey-still-see-recession-this-year-11673723571?mod=hp_lead_pos1

The Index of Consumer Sentiment is currently at 64.6, up from 59.7 in December and 56.8 in November.
http://www.sca.isr.umich.edu/

2
Small company owners’ opinions of the business environment are on the upswing.  Sixty percent of small businesses expect increased revenues in 2023.
https://www.vistage.com/research-center/business-financials/economic-trends/20230110-small-business-confidence-largest-surge-wsj-survey/

3
New data from online lender Biz2Credit finds that loans to small businesses grew very little in 2022.
https://www.biz2credit.com/small-business-lending-index/december-2022

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