More than 32% of Michigan’s private-sector businesses have been closed by government-ordered lockdowns and restrictions. | Stock Photo at Getty Images
More than 32% of Michigan’s private-sector businesses have been closed by government-ordered lockdowns and restrictions. | Stock Photo at Getty Images
The dust has yet to settle from the latest COVID-19 surge, but the economic impact of the virus can be judged from what has taken place since Michigan began to shut down nonessential businesses last spring.
Small business closures took a larger toll on Michigan than on any other state in the U.S. Business closures mandated by the government in an effort to "flatten the curve" saw more than 32% of private-sector businesses closed during the lockdown, according to reporting by Michigan Capitol Confidential.
The state second in line behind Michigan was Pennsylvania, which had over 30% of its private-sector businesses shut down. On the other end of the spectrum was South Dakota, which saw less than 6% of its businesses impacted. The national average for business closures was just under 19%, according to Michigan Capitol Confidential.
The information was compiled in a U.S. Bureau of Labor Statistics survey, which asked businesses about their experiences during the COVID-19 pandemic this past year.
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