Goldman Sachs survey: less than 50% of US SMBs to survive 3 months of lockdown

From the article: https://apple.news/AssYy_n2OSzWnbB7FdnC7QA

“There are nearly 30.7 million small businesses in the U.S., employing around 47.3% of the private workforce, according to the U.S. Small Business Administration.

“Approximately 51% of the business owners surveyed by Goldman reported that they can “only be able to continue to operate for 0-3 months,” according to Goldman.

“The results highlight the severe and sudden impact COVID-19 is having on the economy, which is expected to contract and hemorrhage jobs in the coming weeks amid widespread public lockdowns.