As New COVID Variants Emerge, Survey Shows Small Business Owners Would Support Ongoing Federal Relief to Help Small Businesses

Embattled small business owners across the US would support additional federal emergency assistance as they contend with the Omicron variant and other pandemic-related challenges, according to a new survey released Monday.

Of the more than 1,400 small business owners surveyed, 71 percent of respondents said they suffered a drop in expected revenue, while 79 percent said they were concerned about the Omicron variant’s ongoing impact, according to the Goldman Sachs poll.

The vast majority of those surveyed – 82 percent – said they would support ongoing federal relief to help small businesses as new COVID-19 variants emerge. The survey found 37 percent said they were forced to temporarily close or scale back operations due to the recent surge in COVID-19 infections.