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U.S. small business owners' outlook on their recovery from COVID-19 Q4 2020

Published by Statista Research Department, Feb 22, 2024
In a 2020 online survey, 29 percent of small business owners in the United States said they expected small businesses like theirs to not recover from the impacts of COVID-19 until beyond 2021. Only eight percent of respondents believed that businesses like theirs would be able to recover within few more weeks.

Small business owners' outlook on how long it will take businesses like theirs to recover from COVID-19 in the United States as of Q4 2020

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Release date

December 2020

Region

United States

Survey time period

November 6 to 13, 2020

Number of respondents

600 respondents

Method of interview

Online survey

Supplementary notes

Original question: "How long do you think it will take for small businesses like yours to recover economically from the impact of coronavirus (COVID-19) once restrictions for any businesses are lifted?"

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