- July 8, 2021
- Posted by: Stratford Team
- Category: Business
No Comments
About the Authors
Sifan Liu
Senior Research Analyst – Metropolitan Policy Program
With the nation deploying COVID-19 vaccines, the pandemic in retreat, and the $1.9 trillion American Rescue Plan (ARP) delivering flexible resources to localities and states, small business support remains a key priority for local leaders as they execute economic recovery strategies.
Leaders are crafting these local recovery plans amidst widespread small business uncertainty. Over 60% of small business owners report it will take at least four months to return to normal operating levels, if ever—a share that rises to 75% for owners running small businesses in food, accommodation, and arts and entertainment.[i]
These operational…
