Sunday, July 3, 2022

U.S. Census Bureau Releases Latest Data on Its Small Business Pulse Survey

The U.S. Census Bureau has released an update for its Small Business Pulse Survey (Photo by Kaique Rocha from Pexels)

NATIONWIDE — The U.S. Census Bureau (USCB has released the most recent results of its Small Business Pulse Survey.

The period in which the survey covers is Oct. 10-17. For this data collection period, the results are as follows (courtesy of USCB):

  • 46.5% of U.S. Manufacturing Small Businesses think they will need to identify new supply chain options in the next 6 months. The national average for this statistic was 23.2%
  • 19.3% of U.S. Accommodation & Food Services Small Businesses report a decrease in the number of paid employees in the last week. The national average for this statistic was 11.3%
  • U.S. Small Businesses in Utilities (44.0%), Finance & Insurance (43.4%), & Real Estate (37.7%) report little or no effect on business from the coronavirus pandemic. The national average for this statistic was 23.5%
  • U.S. Small Businesses continue to experience supplier delays. 45.7% experienced domestic supplier delays in the last week. For responses collected 9/27-10/3, this statistic was 44.2%
  • 23.0% of U.S. Small Businesses had difficulty locating alternate domestic suppliers in the last week. For responses collected 9/27-10/3, this statistic was 22.0%
  • 20.9% of U.S. Small Businesses experienced a moderate decrease in number of paid employees compared to what was normal before 3/13/2020. For responses collected 9/27-10/3, this statistic was 21.5%
  • 12.1% of U.S. Small Businesses required employees to have proof of COVID-19 vaccination before physically coming to work in the last week. For responses collected 9/27-10/3, this statistic was 11.6%
  • 30.0% of U.S. Small Businesses experienced a large increase in prices they pay for goods and services compared to what was normal before 3/13/2020. For responses collected 9/27-10/3, this statistic was 28.9%

For more on this survey and other data collected through USCB, visit the department’s Census COVID-19 Data Hub.

 

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