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As COVID-19 Cases Rise and Restrictions Loom, Small Business Owners See Long Road to Recovery


As COVID-19 Cases Rise and Restrictions Loom, Small Business Owners See Long Road to Recovery
As COVID-19 Cases Rise and Restrictions Loom, Small Business Owners See Long Road to Recovery
With COVID-19 cases surging and a new wave of restrictions looming, challenges persist for small business owners as they continue to weather the pandemic according to data from the Q4 Wells Fargo/Gallup Small Business Index. While the index score rose 12 points for the second straight quarter, overall optimism levels remain just over half of what they were in late 2019.
For the third straight quarter, respondents most frequently ranked the loss of business or closings due to the impact of COVID-19 as their top concern. Attracting new business, worries about financial stability and reduced cash flow were the other top ranked concerns. ....

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