America is Fucked
America is Fucked
Out of context: Reply #106
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- utopian2
24% of small businesses report having temporarily closed their business in the last two weeks.
Among those who haven’t temporarily shut down yet, 40% report it is likely they will do so within the next two weeks.
54% of all small businesses are reporting they have closed or could close within the coming weeks.
43% of small businesses say they are 3-6 months away from permanently shutting down.
24% say they are two months or less from closing permanently and 1 in 10 that say they are less than one month away from permanently shutting down.
The most common business responses to the COVID-19 disruption are shortening hours of operation (30%), temporarily closing (24%), and adjusting employee salaries or hours (17%).