During an online survey, *** percent of surveyed small businesses in the United States said they had temporarily closed a location due to the COVID-19 pandemic during the week ending April 17, 2022. Another *** percent of respondents said that they had opened a previously closed location during the same week.

The number of small and medium-sized enterprises in the United States was forecast to continuously decrease between 2024 and 2029 by in total 6.7 thousand enterprises (-2.24 percent). After the fourteenth consecutive decreasing year, the number is estimated to reach 291.94 thousand enterprises and therefore a new minimum in 2029. According to the OECD an enterprise is defined as the smallest combination of legal units, which is an organisational unit producing services or goods, that benefits from a degree of autonomy with regards to the allocation of resources and decision making. Shown here are small and medium-sized enterprises, which are defined as companies with 1-249 employees.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).

United States SB: IL: OP: Closures: Permanently Closed a Location data was reported at 2.000 % in 04 Apr 2022. This records an increase from the previous number of 1.400 % for 21 Mar 2022. United States SB: IL: OP: Closures: Permanently Closed a Location data is updated weekly, averaging 1.600 % from Nov 2021 (Median) to 04 Apr 2022, with 8 observations. The data reached an all-time high of 3.200 % in 14 Mar 2022 and a record low of 1.400 % in 21 Mar 2022. United States SB: IL: OP: Closures: Permanently Closed a Location data remains active status in CEIC and is reported by U.S. Census Bureau. The data is categorized under Global Database’s United States – Table US.S047: Small Business Pulse Survey: by State: Midwest Region: Weekly, Beg Monday (Discontinued).

According to a survey conducted in South Korea in July 2021, about 33.3 percent of small business owners stated that they are considering closing their business either temporarily or permanently due to COVID-19 regulations. About 24 percent even indicated that they were seriously considering doing so.

27% of the entire small business workforce had to be laid off or furloughed in 2020 due to the COVID-19 pandemic.

Graph and download economic data for Number of Business Failures, All Commercial for United States (M0929CUSM474NNBR) from Jan 1939 to Jun 1965 about failures, commercial, business, and USA.

These small business statistics will tell you everything you need to know about the growth of business and where it’s going in the future.

Almost one quarter of all businesses have temporarily closed or paused trading due to the Coronavirus (COVID-19) pandemic in the United Kingdom as of April 2020. The sector with the highest share of business closures were those in the arts, entertainment, and recreation sector, with over ** percent of them currently closed, compared with just *** percent of human health, and social work businesses.

SB: AL: OP: Closures: Temporarily Closed a Location data was reported at 3.600 % in 04 Jan 2021. SB: AL: OP: Closures: Temporarily Closed a Location data is updated weekly, averaging 3.600 % from Jan 2021 (Median) to 04 Jan 2021, with 1 observations. The data reached an all-time high of 3.600 % in 04 Jan 2021 and a record low of 3.600 % in 04 Jan 2021. SB: AL: OP: Closures: Temporarily Closed a Location data remains active status in CEIC and is reported by U.S. Census Bureau. The data is categorized under Global Database’s United States – Table US.S051: Small Business Pulse Survey: by State: South Region: Weekly, Beg Monday (Discontinued).

The following small business statistics broken down by industry to help you understand the small business landscape better.

In the wake of COVID-19 and associated lockdowns, small businesses in every state saw a negative change in their revenues when compared to revenues before the pandemic began. Businesses in states like New York, New Jersey, and Michigan saw some of the ******* declines in revenues. Small businesses in more rural states such as South Dakota, Montana and Nebraska also saw their revenues ******, but **** dramatically then in aforementioned states.

About 1.5 million jobs are created in the US every year by small businesses alone. This means that 64% of all job creation comes from small businesses.

The below table shows a complete breakdown of employer businesses owned by minorities.

United States SB: OR: OP: Closures: Permanently Closed a Location data was reported at 3.100 % in 21 Mar 2022. United States SB: OR: OP: Closures: Permanently Closed a Location data is updated weekly, averaging 3.100 % from Mar 2022 (Median) to 21 Mar 2022, with 1 observations. The data reached an all-time high of 3.100 % in 21 Mar 2022 and a record low of 3.100 % in 21 Mar 2022. United States SB: OR: OP: Closures: Permanently Closed a Location data remains active status in CEIC and is reported by U.S. Census Bureau. The data is categorized under Global Database’s United States – Table US.S053: Small Business Pulse Survey: by State: West Region: Weekly, Beg Monday (Discontinued).

During a April 2022 survey, 21.6 percent of surveyed small businesses in the United States claimed that the COVID-19 pandemic had a large negative effect on business. In comparison, only 1.7 percent of respondents said that the pandemic had a large positive effect on their business.

This table presents experimental counts of businesses that open, close, or continue their operations each month for various levels of geographic and industry detail across Canada going back to January 2015. The data are available as series that are adjusted for seasonality. The level of geographic detail includes national, provincial and territorial, as well as census metropolitan areas (CMA). The data are also broken down by two-digit North American Industry Classification System (NAICS) with some common aggregations, including one for the total business sector for national, provincial and territorial levels of geography.

In the first five months of 2020, retail space closures in the United States measured **** million square feet. This trend is likely to continue as the COVID-19 pandemic continues to impact footfal in stores.

According to a new study, women started 49% of new businesses in the United States in 2021. This is way up from 28% in 2019.

One of the cool things about most small business owners is that they come from all different demographics and backgrounds.

United States SB: CA: OP: Closures: Opened a Prev Closed Location in the Last Week data was reported at 0.600 % in 04 Apr 2022. This records an increase from the previous number of 0.500 % for 28 Mar 2022. United States SB: CA: OP: Closures: Opened a Prev Closed Location in the Last Week data is updated weekly, averaging 0.500 % from Nov 2021 (Median) to 04 Apr 2022, with 9 observations. The data reached an all-time high of 0.600 % in 04 Apr 2022 and a record low of 0.300 % in 14 Mar 2022. United States SB: CA: OP: Closures: Opened a Prev Closed Location in the Last Week data remains active status in CEIC and is reported by U.S. Census Bureau. The data is categorized under Global Database’s United States – Table US.S053: Small Business Pulse Survey: by State: West Region: Weekly, Beg Monday (Discontinued).