September 22, 2022
A new statewide survey commissioned by Coalition for an Equitable Economy (the Coalition) in partnership with The MassINC Polling Group (MPG) and Mass Growth Capital Corporation (MGCC) finds Massachusetts small businesses facing a long road to recovery from the COVID-19 pandemic, with about half (53%) reporting revenues remain lower than pre-pandemic. Business conditions are toughest for the state’s smallest businesses, which are more likely to be owned by women or people of color. They are less likely to say current business conditions are “good” and more likely to have past due bills.