PNC survey: Small business owners are optimistic about revenue, thanks to vaccination

For all the talk about the Delta variant, a rise in COVID-19 cases and a worker shortage, there is optimism.

From business owners, no less.

Thanks mainly to increasing vaccination rates, business owners are feeling optimistic about the near-term future of their businesses, according to PNC’s semiannual national small business survey, which concluded Aug. 31.

Business owners who said more than three-quarters of their workforce has been vaccinated are the most positive about their business outlook. This includes expectations for higher demand, sales and profits than companies reporting a lower rate of employee vaccination.

Data gathered during PNC’s survey demonstrated that vaccines are top-of-mind for business owners:

• Eight in 10 (79%) businesses said they have taken action to encourage employee vaccination;
• Nearly half (48%) are requiring employee vaccinations;
• Almost half (44%) are providing assistance related to…

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