Coronavirus BRIEFING

This Number Shows a Stunning Reversal in the Chances of Main Street’s Survival

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"Business owners have migrated in mass to technology tools and the cloud, which is allowing them to operate more effectively and efficiently. This is the silver lining of the pandemic. The acceleration in the use of technology is driving innovation and is providing a boost to their bottom lines — and the overall outlook of small business owners."

Karen Kerrigan, president and chief executive of the Small Business & Entrepreneurship Council, an advocacy and educational group, commenting to CNBC for its report, “This number shows a stunning reversal in the chances of Main Street’s survival.”