SINKING SPIRITS: Slowed supply chains, inflation, labor shortage are sapping optimism

By
-
STRENUOUS SUMMER: Brad Marthens, who co-owns The Atlantic Inn on Block Island with his wife, Anne, had to cut room rates to help fill vacancies and didn’t have enough staff to open the inn’s restaurant daily until August, something he is usually able to start doing in June.
PBN PHOTO/K. CURTIS
STRENUOUS SUMMER: Brad Marthens, who co-owns The Atlantic Inn on Block Island with his wife, Anne, had to cut room rates to help fill vacancies and didn’t have enough staff to open the inn’s restaurant daily until August, something he is usually able to start doing in June.
PBN PHOTO/K. CURTIS

There’s only so long you can keep your chin up. After a 2½-year battle against health and economic devastation, Rhode Island companies have been beaten down, according to Providence Business News’ Summer 2022 Business Survey. Indeed, less than half of the business owners and executives who responded to the biannual survey predict a sunnier future

Already a Subscriber? Log in

To Continue Reading This Article

Become a Providence Business News subscriber and get immediate access to all of our premier content and much more.

Learn More and Become a Subscriber
  • Critical RI business news and analysis updated daily.
  • 1 year of print (26 issues).
  • Unlimited access to all subscriber only content on our website, on any device.
  • Free email alerts.
  • Annual Book of Lists Print Edition.
  • All special issues produced during subscription term.

Click Here to purchase a paywall bypass link for this article

PBN Branded Content

Seifert Systems Invests in Energy Efficiency to Strengthen Operations

For manufacturers, energy is more than just another operating expense. It plays a critical role…

Learn More

RELATED ARTICLESMORE FROM AUTHOR

No posts to display