COVID-19 impact on small business planned expenditures U.S. as of July 2021

Published by Statista Research Department, Sep 30, 2022
During a July 2021 survey, 21.3 percent of surveyed small businesses in the United States claimed that, since March 13 2020, they had postponed planned capital expenditures due to the COVID-19 pandemic. In comparison, only 3.5 percent of respondents said that they had increased planned business expenditures during the pandemic..

Changes to planned capital expenditures of small businesses in the United States due to COVID-19 as of July 2021

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Release date

July 2021

Region

United States

Survey time period

July 5 to 11, 2021

Number of respondents

885,000 businesses

Method of interview

Online survey

Supplementary notes

Original question: "Since March 13, 2020, what changes did this business make to its planned capital expenditures for 2020?"

The Small Business Pulse Survey is a voluntary survey that requests information of single-location employer businesses with between 1-499 employees and receipts of $1,000 or more in the 50 states, District of Columbia, and Puerto Rico.

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