Business Failure Back to Pandemic Highs
Apr 13, 2021 0:56:17 GMT -5
Post by maybetoday on Apr 13, 2021 0:56:17 GMT -5
BUSINESS FAILURE BACK TO PANDEMIC HIGHS: Small & Medium Businesses CLOSED in February Despite Failed Democrat COVID “Relief”
By Pamela Geller - on April 12, 2021
Democrats respond with crippling taxes and multiple trillion-dollar crippling debt packages. They’re destroying us.
Quick note: Tech giants are snuffing us out. You know this. Twitter, LinkedIn, Google Adsense permenently banned us. Facebook, Twitter, Google search et al have shadowbanned, suspended and deleted us from your news feeds. They are disappearing us. But we are here. Help us fight. Subscribe to Geller Report newsletter here — it’s free and it’s critical NOW more than ever. Share our posts on social and with your email contacts.
U.S. small business closures are ticking back toward Covid pandemic highs
By: Anjali Sundaram, CNBC, Apr 9 2021:
According to a new report from Facebook and the Small Business Roundtable, 22% of U.S. small and medium businesses were closed in February.
At the peak in May, the pandemic saw 23% of small and medium businesses closed.
“It continues to be a very painful time for small businesses,” said John Stanford, co-executive director of the Small Business Roundtable.
Small business closures are close to the highs of the pandemic
Closures across the U.S. and the world are creeping back toward their pandemic peaks, according to a report from Facebook and the Small Business Roundtable.
“It continues to be a very painful time for small businesses,” John Stanford, co-executive director of the Small Business Roundtable, told CNBC’s “Worldwide Exchange” on Thursday.
The report, which surveyed over 35,000 small and medium-size businesses across the world, found that 22% of U.S. small businesses were closed in February. Those figures were up from October’s 14%. At the peak in May, the pandemic saw 23% of small and medium-size businesses closed — only 1 percentage point higher than the current closure rate.
While the overall closures are nearing Covid highs, the report found that different areas of the country were experiencing varying degrees of difficulty. Some states, like Maine, Idaho and Colorado, were seeing 9%-10% closures, while others like New York, Pennsylvania, and Massachusetts were seeing at least 30% closed.
Full story at link
By Pamela Geller - on April 12, 2021
Democrats respond with crippling taxes and multiple trillion-dollar crippling debt packages. They’re destroying us.
Quick note: Tech giants are snuffing us out. You know this. Twitter, LinkedIn, Google Adsense permenently banned us. Facebook, Twitter, Google search et al have shadowbanned, suspended and deleted us from your news feeds. They are disappearing us. But we are here. Help us fight. Subscribe to Geller Report newsletter here — it’s free and it’s critical NOW more than ever. Share our posts on social and with your email contacts.
U.S. small business closures are ticking back toward Covid pandemic highs
By: Anjali Sundaram, CNBC, Apr 9 2021:
According to a new report from Facebook and the Small Business Roundtable, 22% of U.S. small and medium businesses were closed in February.
At the peak in May, the pandemic saw 23% of small and medium businesses closed.
“It continues to be a very painful time for small businesses,” said John Stanford, co-executive director of the Small Business Roundtable.
Small business closures are close to the highs of the pandemic
Closures across the U.S. and the world are creeping back toward their pandemic peaks, according to a report from Facebook and the Small Business Roundtable.
“It continues to be a very painful time for small businesses,” John Stanford, co-executive director of the Small Business Roundtable, told CNBC’s “Worldwide Exchange” on Thursday.
The report, which surveyed over 35,000 small and medium-size businesses across the world, found that 22% of U.S. small businesses were closed in February. Those figures were up from October’s 14%. At the peak in May, the pandemic saw 23% of small and medium-size businesses closed — only 1 percentage point higher than the current closure rate.
While the overall closures are nearing Covid highs, the report found that different areas of the country were experiencing varying degrees of difficulty. Some states, like Maine, Idaho and Colorado, were seeing 9%-10% closures, while others like New York, Pennsylvania, and Massachusetts were seeing at least 30% closed.
Full story at link