Mapping The Uneven Recovery Of US Small Businesses
Tue, 10/13/2020 – 16:40
Small businesses are the backbone of the U.S. economy, employing nearly half of the private sector workforce.
Unfortunately, as Visual Capitalist’s Nick Routley details below, lockdown and work-from-home measures brought about by COVID-19 have disproportionately affected small businesses – particularly in the leisure and hospitality sectors.
As metro-level data from Opportunity Insights points out, geography makes a great deal of difference in the proportion of U.S. small businesses that have flipped their open sign. While some cities are mostly back to business as usual, others are in a situation where the majority of small businesses are still shuttered.
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