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 highest declines in revenues. Small businesses in more rural states such as South Dakota, Montana and Nebraska also saw their revenues shrink, but less dramatically then in aforementioned states.
During the week ending July 11, 2021, 78.9 percent of surveyed small businesses in Ohio said in an online survey that they had no change in their number of paid employees due to the COVID-19 pandemic. However, 10.7 percent of small businesses reported aa decrease in paid employment during the same week.
In a 2020 online survey, 34 percent of small business owners in the United States said they expected the economy to not recover from the impacts of COVID-19 until beyond 2021. Only three percent of respondents believed that the economy would be able to recover in a few more weeks.
During the week ending July 11, 2021, 9.6 percent of surveyed small businesses in California said in an online survey that they had a decrease in their number of paid employees due to the COVID-19 pandemic. This is a slight increase from the previous month, when 9.4 percent of small businesses reported a decrease in paid employment.
In May 2020, 90 percent of small businesses in the United States indicated that COVID-19 was having a negative impact on their business. By October 2021, this share was still high, but had declined to 67 percent.
In the second quarter of 2024, 61 percent of surveyed small business owners indicated that the health of their business was in good shape. A further 24 percent of respondents said the health of their business was about average. At the end of 2019, small businesses in "very good" health peaked at 43 percent. By the end of 2020, this number fell to 25 percent in the wake of the COVID-19 pandemic.
During the week ending July 11, 2021, 9.4 percent of surveyed small businesses in New York said in an online survey that they had a decrease in their number of paid employees due to the COVID-19 pandemic. In the previous month, 7.3 percent of small businesses in the state reported the same.
During an online survey, 0.6 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 0.2 percent of respondents said that they had opened a previously closed location during the same week.
During an online survey, 10.3 percent of surveyed small businesses in Missouri said they had a decrease in their number of paid employees due to the COVID-19 pandemic during the week ending July 11, 2021. Another 6.3 percent of respondents said that they had increased the number of employees during the same week.
According to a survey from 2020, approximately 25 percent of small businesses in the Asia Pacific region began or increased their focus on online sales in response to COVID-19. A comparable share of respondents in Asia Pacific also reduced capital expenditure in 2020.
During an online survey, 7.2 percent of surveyed small businesses in Maine said they had a decrease in their number of paid employees due to the COVID-19 pandemic during the week ending July 11, 2021. In the previous month, 7.3 percent of businesses reported a decrease in employment.
During the week ending July 11, 2021, 87.9 percent of surveyed small businesses in Nebraska said in an online survey that they had no change in their number of paid employees due to the COVID-19 pandemic. During the same month, another 6.3 percent of small businesses reported an increase in paid employment.
In an online survey conducted in January 2022, 51.9 percent of surveyed small businesses in the United States said they had received financial assistance from the Paycheck Protection Program (PPP) to combat the effects of the COVID-19 pandemic since late December 2020. However, 43.6 percent of respondents said that their business had not received any financial assistance from any source since December 2020.
In August 2024, the U.S. Small Business Optimism Index amounted to 91.2. This is a slight decrease from a value of 93.7 in the previous month. The index consists of 10 indicators derived from questions addressing small business owners: Plans to create employment; plans to make capital outlays; plans to increase inventories; expect economy to improve; expect real sales higher; current inventory; current job openings; expected credit conditions; now a good time to expand; earnings trends.
During the week ending July 11, 2021,10.5 percent of surveyed small businesses in Colorado said in an online survey that they had a decrease in their number of paid employees due to the COVID-19 pandemic. This is an increase from the previous month, when 7.7 percent of small businesses in the state reported a decrease in paid employment.
During the week ending July 11, 2021, 10.9 percent of surveyed small businesses in New Mexico said in an online survey that they had a decrease in their number of paid employees due to the COVID-19 pandemic. In the previous month, 9.2 percent of small businesses in the state experienced a decrease in the number of paid employees.
During an online survey, 5.3 percent of surveyed small businesses in Oklahoma said they had a decrease in their number of paid employees due to the COVID-19 pandemic during the week ending July 11, 2021. Another 9.1 percent of respondents said that they had increased the number of employees during the same week.
During the week ending July 11, 2021, 16.8 percent of surveyed small businesses in the District of Columbia said in an online survey that they had an increase in their number of paid employees due to the COVID-19 pandemic. The U.S. Census Bureau's Small Business Pulse Survey includes businesses that have 1-499 employees and receipts of 1,000 U.S. dollars or more.
During the week ending July 11, 2021, 5.7 percent of surveyed small businesses in Kansas said in an online survey that they had an increase in the number of paid employees due to the COVID-19 pandemic. This is a decrease from the previous month, when nine percent of small businesses experienced an increase in employment.
During the week ending July 11, 2021, 6.4 percent of surveyed small businesses in Iowa said in an online survey that they had a decrease in their number of paid employees due to the COVID-19 pandemic. This is a decrease from the previous month, when 8.4 percent of small businesses in the state reported a decrease in paid employment.
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 highest declines in revenues. Small businesses in more rural states such as South Dakota, Montana and Nebraska also saw their revenues shrink, but less dramatically then in aforementioned states.