United States

34% of America’s small businesses are still closed due to COVID-19. Here’s why it matters

A sign reading "Sorry, we are closed" is seen on a closed restaurant in Cannes as the French government keeps bars and restaurants closed as part of COVID-19 restrictions measures to fight the coronavirus disease outbreak in France, January 11, 2021. REUTERS/Eric Gaillard - RC2S5L9ZJ0J1

Small businesses have been one of the hardest-hit sectors amid the pandemic. Image: REUTERS/Eric Gaillard

Iman Ghosh
Author, Visual Capitalist
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United States

a map of america showign the percentage of small businesses forced to close
Some areas have been worst hit than others. Image: Visual Capitalist
Have you read?
a chart small business closures in US cities
Small businesses have closed across the country. Image: Visual Capitalist

How has the Forum navigated the global response to COVID-19?

a chart showing how different revenue industries have been affected
For many in leisure and hospitality, revenue fell sharply and has yet to bounce back. Image: Visual Capitalist
a chart showing the rise of EIN business applications
There has been a dramatic spike in EIN business applications. Image: Visual Capitalist
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Related topics:
United StatesCorporate GovernanceEconomic ProgressCOVID-19
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