Covid 19: Renewed Disruption to Businesses

The Wall Street Journal reports growing disruption for business, schools and colleges in articles on Saturday, August 14th.

  • Only 39% of small businesses expect economic conditions to improve in the next 12 months, down from 50% in July and 67% in March in a survey of 560 business.
  • Events are being increasingly cancelled. A Brooklyn, New York company reported 5 cancellations and postponements last week.
  • The University of Michigan index of consumer sentiment plunged 13.5% since July, one of the sharpest declines since the index began.
  • 3,424 students at Pearl River County District in Mississippi are reverting to virtual learning because the number of positive cases among student and teachers doubled within 4 days .

To read the articles in full, use these links:

https://www.wsj.com/articles/delta-variant-drops-small-business-confidence-to-lowest-level-since-march-11628868656

https://www.wsj.com/articles/covid-19-cases-surge-as-students-return-to-schools-11628897822

https://www.washingtonpost.com/business/2021/08/06/delta-variant-moms/