April Small Business Checkpoint from Bank of America
Key takeaways • Gasoline spending per small business client surged 23% year-over-year (YoY) in March, with higher fuel costs spilling over into freight, fertilizer, and inventory expenses. The pressure is especially pronounced in agriculture and transportation, while small wholesalers are also grappling with inventory cost increases exceeding 60% YoY alongside ongoing tariff headwinds, according to…





