Alignable investigated 4789 small and medium-sized enterprises randomly from June 65438+1October 65438+May 27th. The survey results show that most small and medium-sized enterprises (565,438+0%) have been negatively affected by the rent increase. In addition, 59% of the enterprises surveyed believe that the decrease in consumer spending in the current month is due to inflation reducing their purchasing power.
Another major obstacle that prevents small and medium-sized enterprises from paying the rent in full includes the supply chain interruption related to the epidemic, such as the shortage of auto parts, which is a trouble for companies related to the auto industry. The survey shows that 49% of small and medium-sized enterprises can't afford to pay the rent in June 5438+ 10.
According to the survey, small and medium-sized educational enterprises are the most difficult to pay the rent in June of 5438+00, and the proportion of such small and medium-sized enterprises unable to pay the rent is 57%. Followed by cars (49%), restaurants (49%), transportation (46%), retail (43%), gymnasiums (4 1%), beauty salons (39%) and architecture (39%).
In the context of high consumer price index (CPI), the catering industry has been hit by the decline in demand. "Some restaurant owners say that they find fewer and fewer people eating out, mainly because their customers don't have extra disposable income to pay for frequent meals in restaurants," explained Alignable.
In addition, although the US NFIB small business confidence index rose slightly by 0.3 to 92. 1 in September, it was still lower than the 48-year average of 98 for the ninth consecutive month. This is another indicator that small and medium-sized enterprises are struggling with a series of deteriorating macroeconomic environment. The survey shows that inflation is still a big problem. 30% of SME owners said that inflation is the biggest problem they face when running their business.
It is worth noting that according to the data of the Small Business Administration of the United States, small and medium-sized enterprises are an important indicator to measure the overall economic health of the United States, because they employ 46.4% employees of private enterprises. As it is increasingly difficult for small and medium-sized enterprises to pay rent, the yield of some retail, office and industrial REITs may decrease. So far this year, all these REITs and the broader market (Standard & Poor's 500 Index) have performed poorly, with retail REITs performing the best (yield-18.7%) and office REITs performing the worst (yield -38.7%).