Local small busines

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 Small businesses are the backbone of the U.S. economy, employing nearly half of the private sector workforce.

Unfortunately, lockdown and work-from-home measures brought about by COVID-19 have disproportionately affected small businesses – particularly in the leisure and hospitality sectors.

As metro-level data from Opportunity Insights points out, geography makes a great deal of difference in the proportion of U.S. small businesses that have flipped their open sign. While some cities are mostly back to business as usual, others are in a situation where the majority of small businesses are still shuttered.

The Big Picture

In the U.S. as a whole, data suggests that nearly a quarter of all small businesses remain closed. Of course, the situation on the ground differs from place to place. Here’s how cities around the country are doing, sorted by percentage of small businesses closed as of September 2020:

Search: Metros Small Businesses Closed Small Businesses Closed (Leisure & Hosp.)

San Francisco-49%-65% New Orleans-45%-72% Honolulu-41%-39% Washington 

DC-37%-55% San Jose-35%-41% Portland-34%-46% San Antonio-34%-60% Sacramento-33%-43% Boston-33%-42% Oakland-32%-52% Showing 1 to 10 of 52 entries 

New Orleans and the Bay Area are still experiencing rates of small business closures that are almost double the national median.

Small businesses in the leisure and hospitality sector have been particularly hard hit, with 37% reporting no transaction data.