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Why Black and Hispanic small-business owners have been so badly hit in the pandemic recession

  • Written by Carlos Avenancio-Leon, Assistant Professor of Finance, Indiana University
Why Black and Hispanic small-business owners have been so badly hit in the pandemic recessionBlack-owned businesses have been shuttered at a higher rate during the pandemic.AP Photo/Mark Lennihan

The pandemic has taken a heavy toll on Main Street, with small businesses across the U.S. closing by the thousands.

But as bad as the overall scene is, for minority-owned businesses the picture is even bleaker. A survey released on Jan. 27 by advoca...

Read more: Why Black and Hispanic small-business owners have been so badly hit in the pandemic recession

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