Data Alert! A dive into the U.S. Census Bureau Small Business Pulse Survey.

https://portal.census.gov/pulse/data

Based on responses collected July 5 through July 11, the Small Business Pulse Survey estimates that:

19.6% of U.S. small businesses reported a decrease in operating revenues in the last week. For responses collected 6/14/20 – 6/20/20, this statistic was 42.5%

22.8% of U.S. small businesses report their business has returned to the normal level of operations. However, almost 40% of businesses think this can be affected for another 6 months or more.

27.9% of U.S. construction small businesses report current operating capacity to be affected by the availability of supplies or inputs in the last week
53.8% of U.S. Accommodation and Food Services small businesses expect to identify and hire new employees in the next six months
The Overall Sentiment Index, which assesses the overall average effect of the pandemic on businesses, increased to -0.40 from the prior week, indicating a less negative sentiment for responses

INFLATION ALERT:

U.S. small businesses are continuing to experience supply chain disruptions with 38.2% reporting domestic supplier delays in the last week. For responses collected 6/28 – 7/4, this statistic was 38.1%

Supply chain disruptions continue to impact U.S. small businesses, with 18.5% reporting difficulty locating alternative domestic suppliers in the last week. For responses collected 6/28-7/4, this statistic was 18.7%