NAPEO Small Business Data Snapshot
Our friends at NAPEO released the 2020 4th Quarter Small Business Snapshot, click on the link for more details.
Interesting data reported and tools noted below:
- Small business reports 31% lower daily revenue than Q1;
- 74% of small business are reporting large or moderate negative impact related to the pandemic;
- The Wells Fargo/Gallup Small Business Index through 2020 Q3 is showing the current trend in line with Q3 2008 as well as future expectations; Check out the Wells Fargo website for Small Business Resources to help with your 2021 Business Plan;
- The Unemployment rate is showing a 3.3% increase from Q3 2019 with Hawaii, Nevada and New York showing the highest.
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