Small businesses face new threat: ballooning rents

Small business owners have been devastated over the past three years by high prices and a crisis-level worker shortage. 

Now they're facing a new hurdle: rising rents.

New findings published by the Bank of America Institute show that many small business owners are still contending with high inflation, particularly in the form of rent. 

In fact, there is evidence that small business rent inflation exceeds that of U.S. households. The average monthly share of rent in total payments through May is 9.1% for small businesses ...