From The Center Square – Illinois comes stunning news – one out of three Illinois small businesses have closed since before the COVID pandemic hit in January.
Illinois has lost more than a third of its small businesses since the beginning of the year, according to TrackTheRecovery.org.
A small business association said it is heartbreaking.
The data compiled by Harvard and Brown universities and the Bill and Melinda Gates Foundation shows as of Nov. 16, 2020, the number of small businesses open decreased by 35.4 percent compared to January of this year.
The national average businesses not open compared to January is 28.9 percent fewer. Washington D.C. had the worst loss at 47.1 percent fewer small businesses. Nebraska and North Carolina had the best showing at 20.5 percent fewer.
More HERE.
