Inflation continues to be the biggest concern for small businesses around the nation and the Portland metro area.
Inflation continues to a major concern across the country, but the Portland metro area appears to have avoided the steep increases seen in other cities.
The latest Cost of Living Index data from the Council for Community and Economic Research shows the average cost of living in the Portland metro has increased 3.14% between the first quarter of 2019 and the first quarter of 2022.