Proximity Doesn’t Benefit Just Big Cities, It’s Helping Rural Communities Weather the Economic Crisis Too

More than six months into the COVID-19 pandemic, America’s small businesses are in a prolonged struggle for survival. And like many aspects of the pandemic, this struggle is wrought with geographic disparities. The severity of the small business crisis varies by state, city, town, and even neighborhood, with businesses in areas dependent on leisure and hospitality at an especially heightened risk. Rural communities have been hit particularly hard, as many had staked their economic revival on fostering locally owned small businesses and recreation-based downtowns. The threat to rural America is compounded by relief structures that have largely lagged to reach small businesses in the hardest-hit places. Given this uneven geography of recovery, the National Main Street Center (NMSC) and Brookings’s Bass Center for Transformative Placemaking wanted to take a more granular look at how place impacts small business survival. Follow this link to read more.

Sourced from: Brookins

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