Main Street's Six-Month Checkpoint

NEW DATA: The State Of Main Street Businesses Six Months Into The Pandemic

Here’s some good news: More than half of all Main Street businesses now say they’re optimistic about their survival. But while these businesses are feeling more confident, a lack of capital could leave more than two-thirds at risk of a cash flow crisis that could cloud their futures. PYMNTS’ new Main Street’s Six-Month Checkpoint report is the latest in our series of Main Street business studies that also shed light on the five measures that can help keep Main Street businesses healthy and thriving.

Inside the September study:
  • 75 percent: Portion of Main Street SMBs whose revenues are down as a direct result of the COVID-19 pandemic
  • 39 percent: Share of Main Street SMBs that do not have enough revenue to stay open for even a week in the event of a revenue disruption
  • 42 percent: Portion of Main Street SMBs that have reduced payroll to help mitigate the pandemic’s financial impacts