Six Months Into Pandemic, Taking The Pulse Of Main Street SMBs

The U.S. is roughly six months into a global pandemic (as declared in March by the World Health Organization. PYMNTS periodically asks more than 500 SMB owners for their thoughts about the...

A Corona Xmas: Why physical stores will power online shopping this holiday season

A burning question this holiday season is whether people will return to physical stores or buy substantially everything online? The Mary Meeker formulation is: what percentage of retail spending will move online?

August Small Business Hiring Hints at Long-term Economic Impact of COVID-19

The CBIZ Small Business Employment Index ("SBEI") reported its first decline following the initial reopening of the U.S. economy, with a seasonally adjusted decrease of 0.48%. Following hiring gains in June and...

Real-Time Data Show Tremors as Future Relief Turns Uncertain

America’s economic recovery is in an uneasy pause, with key indicators of hiring, shopping and investment stalling or in retreat in the wake of a resurgence in coronavirus cases across broad sections...

Small Business Confidence Is On The Rise

The number of small business owners who describe current conditions as “good” doubled from 18% in Q2 to 36%, the second-lowest number ever for the survey and 20 points below the Q1...

Increased Consumer Interest in May Correlates with COVID-19 Hot Spots in June, According to...

Yelp compiles perhaps one of the best monthly tracking surveys of actual SMB activity, especially closures, by local market across the US. But as importantly, you'll get most-current insights into consumer activity...

COVID-19 causes disruption for 83% of distributors and their supply chain

COVID-19 has negatively impacted scores of SMBs, with it having a highly negative affect on 30% of those surveyed including no sales due to closures. On the opposite end of the scale...

Biz2Credit Analysis of COVID-19 Effects on Small Businesses Finds Revenues Dropped 52% and Payrolls...

Biz2Credit today announced the results of its new Small Business Financial Health Survey, a study of primary data from 300 small business owners who received funding via the Paycheck Protection Program (PPP)....

Global Visa Study Finds 67% of Small Businesses and 78% of Consumers Have Adopted...

As small and micro businesses (SMBs) worldwide continue to endure the financial impact of COVID-19, one thing is clear: rethinking the checkout or point-of-sale (POS) experience is essential for survival on Main...

CEOs warn Congress of small-business failures without more aid

A group of U.S. corporate leaders led by Starbucks Corp.’s former head, Howard Schultz, pressed lawmakers for additional, longer-term support for small businesses, including federally guaranteed loans that could be turned into...
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