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A recent report shows inflation cooled in September. Though the decrease was not as dramatic as some predicted — or hoped for — it still demonstrates significant decreases over the past couple of years.According to&nbsp;<a href="https://www.bls.gov/news.release/cpi.htm?utm_source=1851franchise.com&utm_medium=article&utm_campaign=with-inflation-cooling-many-businesses-are-in-a-good-position-ending-the-year-2727611" target="_blank" rel="nofollow">a U.S. Bureau of Labor report</a> released on October 10, inflation was up 2.4% compared to the same time last year, the smallest increase since February 2021.For entrepreneurs, cooling inflation can be a good sign. Though prices are still up over last year, a steady decrease will put consumers in a better position to spend discretionary funds more freely.&nbsp;According to&nbsp;<a href="https://www.cnbc.com/2024/10/10/inflation-cpi-september-2024-in-one-chart.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=with-inflation-cooling-many-businesses-are-in-a-good-position-ending-the-year-2727611" target="_blank" rel="nofollow">CNBC</a>, “food away from home” is up 3.9%, senior home care is up nearly 9%, and pet services are up 7.3%. Individual category growth may seem suboptimal for some industries, with some consumers possibly being priced out. However, with overall inflation stabilizing, it appears the franchise industry will be in a good position for growth entering 2025.Every great franchisee had help buying a franchise. Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit&nbsp;<a href="http://www.1851growthclub.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=with-inflation-cooling-many-businesses-are-in-a-good-position-ending-the-year-2727611" target="_blank" rel="nofollow">www.1851growthclub.com</a> and start your journey.

With Overall Inflation Cooling, Many Businesses Are in a Good Position Ending the Year

Inflation Cooling: What the Most Recent Report Could Mean for Franchise Owners

1851 Franchise

While inflation of some industries remains high, overall inflation compared to last year is just 2.4%, meaning many consumers likely have additional discretionary funds to spend at small businesses.

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With Overall Inflation Cooling, Many Businesses Are in a Good Position Ending the Year

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