Apr 21, 2021 - Economy & Business

Nearly 90% of small businesses say they're confident their shops will survive

Note: Survey of 2,140 Goldman Sachs 10,000 Small Businesses; Data: Goldman Sachs; Chart: Danielle Alberti/Axios
Note: Survey of 2,140 Goldman Sachs 10,000 Small Businesses; Data: Goldman Sachs; Chart: Danielle Alberti/Axios

Nearly 90% of small business owners say they are confident their shops will survive — compared to the 68% that said so this time last year, according to a new survey by Goldman Sachs.

Yes, but: Just one-quarter expect to maintain payroll when government relief funds are exhausted, assuming there's no further aid.

The big picture: Small businesses will get a tax credit for paying employees for time off to get vaccinated, President Biden announced Wednesday.

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