Small Business Pulse Survey Updates

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Based on responses collected March 29 through April 4, the Small Business Pulse Survey estimates that:

• 14.2% of U.S. Small Businesses experienced an increase in operating revenues/sales/receipts in the last week, marking the fifth consecutive week of reported increases

• 21.9% of U.S. Small Businesses have experienced little or no effect from the coronavirus pandemic, making it the largest estimate ever reported for this statistic

• 9.5% of U.S. Small Businesses experienced an increase in the number of hours worked by paid employees in the last week. For responses collected 3/22 – 3/28, this statistic was 9.0%

• 13.9% of U.S. Small Businesses have returned to their normal level of operations. For responses collected 3/22 – 3/28, this statistic was 13.0%

• 22.9% of U.S. Retail Trade small businesses experienced an increase in operating revenues in the last week, marking the first time on the SBPS that more companies reported an increase over a decrease, based on responses collected 3/29 – 4/4

• 11.5% of U.S. Small Businesses experienced foreign supplier delays in the last week based on responses collected 3/29 – 4/4 from the SBPS

The Expected Recovery Index, which summarizes the length of the expected recovery of businesses, has risen three weeks in a row to -0.51, indicating shorter expected recoveries.