Alabama Businesses Hope for a Quick Recovery After COVID-19 Pandemic, Survey Finds

By Alabama NewsCenter Staff

Nearly half of Alabama businesses are anticipating an improved business climate in the next six months despite the devastating effects of the COVID-19 pandemic, a survey found.

The survey conducted by AlabamaWorks! and the Alabama Workforce Council revealed Alabama businesses are struggling with laying off employees, a lack of market demand, disruptions in the supply chain and a fear of being forced to permanently close.

The survey was conducted in April, before most businesses were allowed to at least partially reopen. Nearly 1,800 businesses responded to the survey, with the vast majority (68%) being small businesses with 25 or less employees. The largest swath (41%) said three-quarters or more of their employees are paid by the hour.

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