Wednesday, December 02, 2020

Report: Over a Quarter of Small Businesses in New York and New Jersey Closed This Year

Report: Over a Quarter of Small Businesses in New York and New Jersey Closed This Year

Over a quarter of small businesses in New York and New Jersey, areas hit hardest by the Chinese coronavirus pandemic, have not reopened this year, according to a report from a Harvard-run database.

The database, TrackTheRecovery.org, revealed that 27.8 percent of small businesses in New York have not reopened following the mass shutdowns that occurred in the state this year, as of November 16. Even more businesses remained closed in New Jersey — 31.2 percent.

No comments: