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Thursday, March 28, 2024
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McAllen
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Small Business Pulse Survey Updates

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Texas Border Business

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Based on responses collected September 27 through October 3, the Small Business Pulse Survey estimates that:

  • 74.0% of U.S. small businesses have requested financial assistance from the Paycheck Protection Program since March 13, 2020
  • 44.1% of U.S. small businesses believe more than 6 months of time will pass before their business returns to its normal level of operations
  • 23.8% of U.S. small businesses have increased their use of online platforms to offer goods or services since March 13, 2020
  • 62.1% of U.S. small businesses have experienced no change in operating revenues in the last week
  • 75.3% of U.S. small businesses have experienced a large or moderate negative effect from the COVID-19 pandemic
  • 21.9% of U.S. manufacturing businesses have experienced production delays in the last week
  • 49.3% of U.S. retail trade businesses have experienced domestic supplier delays in the last week
  • 32.6% of small businesses in the Salt Lake City, UT Metropolitan Statistical Area have experienced little or no effect from the coronavirus pandemic
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