Thirty-five percent of Wisconsin businesses responding to a recent statewide survey reported they will be forced to close if current conditions persist for more than three months amid the COVID-19 pandemic.
The survey was conducted by Visions Northwest and the eight other regional organizations in the state along with the Wisconsin Economic Development Corp. and UW-Oshkosh to assess COVID-19 business recovery ability and state and federal aid effort. It yielded nearly 2,550 responses from companies in 63 of the state’s 72 counties, covering the period April 1-10.
Results also showed 8,795 jobs were lost in the earliest days of Wisconsin’s safer-at-home order, along with losses of $126 million in income, $95 million in inventory, $26.6 million in lost wages and productivity income and nearly $404 million in other impacts.
See the press release here.