April 14, 2020 | Just Released: Data from The Impact of COVID-19 on Small Businesses Survey |
Our new report
highlighting the results of our nationwide survey of small businesses and the impact of COVID-19 indicates that small businesses in states and communities across the country have been hit hard
. Approximately 3.5 million businesses are in danger of permanent closure over the next two months, and nearly 7.5 million are in danger of closing over the next five months as a result of the COVID-19 crisis. Further, approximately 35.7 million Americans employed by small businesses may face unemployment.
Yet, we know that the impacts of COVID-19 are not felt evenly across the country. To better understand what is happening on the state and local level, we spent the last few days digging into the data at a more granular level. We are pleased to share this information with you through a pair of interactive maps where you can access a summary of results for all states and communities where we received five or more completed surveys.
To explore the data, simply click on any community that has a colored dot or any state shaded in blue. The results can be easily copied and pasted into a Word doc or Excel spreadsheet. Please note that the maps may take a few moments to load.
We believe this data will help shine on a light on the challenges facing your Main Street programs and small businesses. We look forward to working on advocacy tools in the coming days to help you communicate this data to your state legislators and local elected officials and make the case for what types of resources are needed by your small businesses to weather the storm.
To learn more about the survey and its implications, please join us for a webinar focused on the survey results, survey data, and related policies this Thursday at 4pm EDT. Register here.