Economic Growth

Recent Activity

Above the FoldApr 03, 2020 - 5:00pm
Small Business Storefront

New Poll Says 1 in 4 Small Businesses on Brink of Permanent Closure

A new poll from MetLife and the U.S. Chamber found 43% of small businesses say they are 3-6 months away from permanently shutting down.

Press ReleaseApr 03, 2020 - 8:00am

New U.S. Chamber – MetLife Poll: One in Four Small Businesses on Brink of Permanent Closure, Half Eyeing Temporary Shutdown

A new poll taken from March 25 – 28, 2020 and released today from the U.S. Chamber of Commerce and MetLife reveals that one in four small businesses (24%) say they are two months or less from closing permanently amid the economic downturn caused by the coronavirus pandemic. One in 10 (11%) are less than one month away from permanently going out of business.

ReportApr 03, 2020 - 1:00am
Small Business Index Special Report

Special Report on Coronavirus and Small Business

A new poll taken from March 25-28, 2020 and released by the U.S. Chamber of Commerce and MetLife reveals that one in four small businesses (24%) are on the brink of closing permanently amid the economic downturn caused by the coronavirus pandemic. The full report relays findings on small business owners' level of concern, changes they are making in order to continue operating, resources and relief programs needed over the next couple of months, and predictions on when the U.S. small business climate will return to normal.

ReportApr 02, 2020 - 11:15am

Coronavirus Paid Leave Programs: Employer Guide

The Families First Coronavirus Response Act created new temporary paid sick leave and paid Family and Medical Leave Act (FMLA) programs that are 100% reimbursable by the federal government. The effective date of both programs is April 1 and they expire on December 31.

Press ReleaseApr 01, 2020 - 4:15pm

U.S. Chamber Releases Two New Step-by-Step Guides for COVID Employer Tax Credit, Disaster Loans

“The U.S. Chamber of Commerce is working with state and local chambers across the country to provide businesses with the information they need to stay afloat and keep people employed during the pandemic,” said Suzanne Clark, President of the U.S. Chamber of Commerce. “These comprehensive guides ensure business owners fully understand what aid is available to them and how to access those funds as quickly as possible. We are committed to ensuring no family or business goes bankrupt due to financial hardships associated with the coronavirus.”

ReportApr 01, 2020 - 9:00am
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Guide to the Employee Retention Tax Credit

The Coronavirus Aid, Relief, and Economic Security (CARES) Act created a new employee retention tax credit for employers who are closed, partially closed, or experiencing significant revenue losses as a result of COVID-19.

ReportApr 01, 2020 - 8:45am
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Guide to SBA's Economic Injury Disaster Loans

The Coronavirus Aid, Relief, and Economic Security (CARES) Act expands the Small Business Administration’s long-standing Economic Injury Disaster Loan Program (EIDL).

ReportMar 31, 2020 - 6:15pm
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COVID-19 Emergency Loans: Small Business Guide

The U.S. Chamber of Commerce has issued this guide and cheat sheet to help small businesses and self-employed individuals prepare to file for a loan from the CARES Act's Paycheck Protection Program.

Above the FoldMar 31, 2020 - 4:30pm
Main Street USA Storefronts

How to Access Stimulus Funding for Your Small Business

FAQs on the SBA's Payroll Protection Program for small businesses impacted by the coronavirus.

Press ReleaseMar 30, 2020 - 12:45pm

U.S. Chamber Creates Coronavirus Loan Guide to Help Small Businesses

The U.S. Chamber of Commerce has created a guide to help small businesses, independent contractors, and gig economy workers prepare to file for a coronavirus relief loan under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.