Economic Bulletin, December 2020

U.S. Small Business Administration Office of Advocacy

First published December 2020

The Office of Advocacy’s Small Business Economic Bulletin for December examines how small businesses have been faring during the COVID-19 pandemic. Overall self-employment levels have been relatively steady, but income changes from small business owners have been choppy. Additionally, the lack of recent data on business closures makes it difficult to assess the overall state of small business.