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Xero: data shows declining small business performance amid economic uncertainty

Denver – October 31, 2024 –xeroThe global platform for small businesses, today released its latest data on small business sales and payment times which showed that sales continued to decline in mid-2024. This result comes after the first signs of recovery in early of the year: February showed sales growth for the second time in a year. Similarly, small businesses also faced a decline in delinquency times in the June quarter, increasing by almost a day from the 2023 average.

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Xero Limited published this content on October 31, 2024and is solely responsible for the information contained herein. Distributed by Público, unedited or altered, in October 31, 2024 in 14:17:04.210.

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