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Boston is among the major cities where the coronavirus has clobbered small business.
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A staggering number of small businesses across the city of Boston and state of Massachusetts have shuttered their doors, according to reporting by Boston 25 News.
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The number of small businesses open in Boston has decreased by 44 percent since the start of the year, according to data compiled by Harvard researchers.
Certain businesses have reportedly been hit the hardest, including restaurants, hospitality and retail.
SMALL BUSINESS SATURDAY MORE CRITICAL THIS HOLIDAY SEASON AMID CORONAVIRUS PANDEMIC
Among the things that have compounded the problem include a significant reduction in foot traffic as less people come into the city for work and leisure.
The National Federation of Independent Business predicts more store fronts will continue to go dark through early 2021.
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The group says small business owners are also worried about new costs coming in 2021, including higher unemployment insurance taxes and potential higher health care expenses.
The Link LonkDecember 02, 2020 at 02:37PM
https://www.foxbusiness.com/markets/bostons-small-businesses-hit-hard-by-pandemic
Boston's small businesses hit hard by pandemic - Fox Business
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