Natural hazards compound COVID-19 impacts on small businesses disproportionately for historically underrepresented group operators.

ABSTRACT: In the wake of the COVID-19 pandemic small businesses made headlines as hard hit by customer losses, revenue declines, and business closures. Yet, the impacts have been felt disproportionately by small businesses that suffered interruption due to pre-existing socioeconomic stressors and/or concurrent natural hazards experienced during the pandemic. To illuminate those compound impacts, we conducted a survey of over 1350 U S.-based small businesses. Our findings indicate that those businesses that experienced concurrent natural hazards during the pandemic were associated with relatively greater negative impacts. But importantly, enterprises that are historically underrepresented group operated (HUGO)-minority, women, and veteran-operated businesses- saw largely amplified negative impacts fr

SUBMITTER: Helgeson JF 

PROVIDER: S-EPMC8830190 | biostudies-literature | 2022 Apr

REPOSITORIES: biostudies-literature