Winter Is Coming: 62% Of U.S. Small Business Owners “Fear The Worst Is Still To Come”

According to a brand new U.S. Chamber-MetLife poll of small businesses, just 40 percent of all U.S. small business owners “believe their small businesses can operate indefinitely” the way things are going right now, and a whopping 62 percent of them are convinced that “the worst is still to come”…

The quarterly poll found that the 62% of small-business owners fear that the worst is still to come with COVID-19’s economic impact. Only 40% said they believe their small businesses can operate indefinitely during the current business environment.

There are approximately 30 million small businesses in the United States today, and so that means that if even a third of them were forced to close down permanently we would lose 10 million small businesses.

A new U.S. Chamber-MetLife poll of small businesses taken from Oct. 30-Nov. 10 and released on Tuesday showed that 74% of the owners said they need further government assistance to weather the pandemic. That percentage rises to 81% for minority-owned businesses.

theeconomiccollapseblog Winter Is Coming: 62% Of U.S. Small Business Owners “Fear The Worst Is Still To Come”