37% of small businesses and 46% of midsized businesses feel they won't be able to survive in the current state for more than another three months.
On March 25 – 28, 2020, ADP surveyed 1000 small (1-49 EEs) and midsized (50-999 EEs) U.S. businesses to understand the actions they've taken and challenges they're facing due to the economic impact of the COVID-19 (coronavirus disease) global health event. Here are the results.
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Visit the ADP Employer Preparedness Toolkit for critical information and helpful resources on the CARES Act, FFCRA, PPP and much more.
Source: ADP COVID-19 Employer Pulse Survey—March 25-28, 2020. Defined small business (1-49 employees) and midsize business (50-999 employees).
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