The Main Street SMBs: The 18-Month Outlook Brief

Main Street SMBs: The 18-Month Outlook draws from a survey of 563 small to mid-sized businesses lining Main Streets across the United States. PYMNTS sought to determine how the ongoing pandemic is impacting Main Street SMBs, assess the toll it has taken on their operations and analyze how relying on multiple sales channels can help them weather the pandemic.

Inside the December Brief:

• 26 percent: Share of Main Street SMBs that plan to layoff workers if there is another round of lockdown measures
• 47 percent: Portion of decision-makers at Main Street manufacturing firms that plan to put more of their own money into their businesses if there is another lockdown
• 55 percent: Share of Main Street SMBs that are “very” or “extremely” likely to stay open now that there is a vaccine available