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Coronavirus will kill over half of small businesses in three months

By Tim Pearce
Published March 19, 2020 10:46pm ET
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Coronavirus will kill over half of small businesses in three months
The shadow of a tree is cast on an empty parking lot of the closed Willow Grove Park Mall in Willow Grove, Pa., Monday, March 16, 2020.

More than half of U.S. small businesses will close within three months if the coronavirus crisis is not solved.

Goldman Sachs surveyed more than 1,500 small-business owners over March 16-17, according to Axios. The survey focused on small-business owners’ ability to survive the economic downturn caused by the coronavirus.

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