Table 1
Business or organization expected obstacles over the next three months, by select industries, first quarter of 2022
All businesses | Manufacturing | Wholesale trade | Retail trade | Arts, entertainment and recreation | Accommodation and food services | |
---|---|---|---|---|---|---|
% of businesses | % of businesses | % of businesses | % of businesses | % of businesses | % of businesses | |
Rising cost of inputs | 50.3 | 73.7 | 58.5 | 55.6 | 41.4 | 70.9 |
Recruiting skilled employees | 38.5 | 50.8 | 33.7 | 41.1 | 36.0 | 46.2 |
Shortage of labour force | 37.0 | 48.1 | 41.0 | 45.7 | 32.4 | 64.9 |
Cost of insurance | 35.6 | 32.2 | 31.5 | 32.3 | 32.7 | 44.2 |
Transportation costs | 34.6 | 53.3 | 59.7 | 47.5 | 17.5 | 32.8 |
Difficulty acquiring inputs, products or supplies domestically | 32.1 | 53.2 | 44.2 | 45.3 | 18.3 | 42.1 |
Retaining skilled employees | 30.4 | 37.9 | 26.5 | 30.9 | 25.2 | 47.4 |
Cost of personal protective equipment (PPE), additional cleaning or implementing distancing requirements | 29.0 | 25.4 | 22.5 | 27.6 | 29.3 | 42.6 |
Fluctuations in consumer demand | 23.6 | 26.0 | 23.0 | 30.4 | 31.0 | 37.1 |
Attracting new or returning customers | 22.8 | 20.6 | 21.1 | 25.9 | 41.9 | 41.6 |
Maintaining sufficient cash flow or managing debt | 22.1 | 24.8 | 15.1 | 18.5 | 25.9 | 40.3 |
Maintaining inventory levels | 20.8 | 30.1 | 42.7 | 44.2 | 8.7 | 34.1 |
Travel restrictions and travel bans | 20.5 | 24.0 | 31.8 | 20.7 | 28.2 | 26.3 |
Increasing competition | 19.8 | 16.8 | 22.8 | 20.0 | 11.2 | 22.0 |
Difficulty acquiring inputs, products or supplies from abroad | 18.1 | 32.5 | 45.7 | 29.8 | 10.9 | 20.7 |
Insufficient demand for goods or services offered | 15.8 | 15.2 | 12.2 | 13.4 | 24.3 | 25.9 |
Obtaining financing | 11.6 | 11.3 | 6.4 | 7.0 | 15.1 | 22.0 |
Shortage of space or equipment | 9.8 | 14.5 | 14.0 | 16.1 | 11.4 | 5.8 |
Entry to new markets | 7.5 | 11.5 | 9.7 | 5.5 | 7.2 | 9.9 |
Challenges related to exporting goods and services | 3.1 | 8.6 | 9.9 | 4.1 | 3.0 | 1.7 |
Other | 2.3 | 1.4 | 2.4 | 3.1 | 5.4 | 2.4 |
None | 16.3 | 6.7 | 9.0 | 11.1 | 11.3 | 6.5 |
Source(s):
Table 33-10-0469-01.
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