Survey: One in four small business owners will close doors if economic conditions don’t improve soon
Story Date: 12/16/2020

 

Source: SOUTHERN FARM NETWORK, 12/15/20

 
The NFIB Research Center released its latest national survey focusing on the impact the COVID-19 pandemic and imposed shutdowns has had on small businesses. This is the 14th survey since early March. One-in-four small business owners reported that they will have to close their doors in the next six months if the current economic conditions don’t improve, up 5% from last month. Another 22% of owners anticipate they will be able to operate no longer than 7-12 months under current economic conditions.

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