Adjusting to Cost Increases
» Adjusting to Cost Increases, Volume 1, Issue 4, 2001
If respondent faced a 5 percent payroll cost increase within the next week.
4. How likely is it that you would borrow or draw down on an existing line of credit to ease adjustment to these higher costs? Is it:?
| Response | ||||
|---|---|---|---|---|
| 1 | Highly likely | 5 | ||
| 2 | Likely | 18 | ||
| 3 | Not likely | 29 | ||
| 4 | Not at all likely | 48 | ||
| 5 | DK/Refuse | 1 | ||
| Total (%) | 101 | |||
| N | 367 | |||
Notes: Five percent of small employers facing a 5 percent payroll increase next week think that it is highly likely they would borrow or draw down on an existing line of credit to finance the adjustment (Q#4).
