U.S. Small Business Confidence and U.S. Employment Peak to Recovery Small business confidence is rebounding, but it could take many years for the U.S. labor market to recover. Image: BofA Global Investment Strategy
Small Businesses Very Bearish about the Economic Outlook 40% of small businesses expect a recovery sometime in 2021, and 19% between 2022-2024. Image: Deutsche Bank Global Research
Sources of Financing for Small Businesses in the U.S. This chart shows the sources of financing for small businesses in the U.S. since March 13, 2020. Image: Deutsche Bank Global Research
Small Business and Percentage of May Rent Paid Rent poses small business challenge, as 40% of US small businesses are skipping rent this month. Image: The Daily Shot – The Wall Street Journal
Impact on U.S. Small Business Revenue Since Coronavirus Became a Widespread Concern in Early March Around 59% of U.S. small businesses saw revenue drop by 75% or more due to the coronavirus pandemic. Image: CNBC
Risk of Small Business Closure More than 30% of US small businesses are at risk, if business disruption caused by the coronavirus pandemic persists for two months. Image: CNBC
NFIB Small Business Optimism Index Plummets This chart highlights the abrupt turn in small business optimism under coronavirus. Image: Real Investment Advice
Global Employment in S&P 500 Companies vs. Small Businesses Small and medium-sized businesses play an important role in the U.S. economy, as S&P 500 companies employ only 17% of U.S. workers. Image: Deutsche Bank Global Markets Research
U.S. Small Business Sales Expectations and Nominal U.S. GDP Growth Chart showing the correlation between U.S. small business sales expectations and nominal U.S. GDP growth, and the impact of small businesses to the U.S. economy. Image: Blackstone
NFIB – U.S. Small Business Economics Trends U.S. small business economy and hiring plans remain strong. Image: BCA Research