CIRAS Survey UPDATE: Business Impacts of COVID-19

May 15, 2020 — As COVID-19 proliferates across our nation, the crisis continues to negatively impact our economy and spark concerns for the future of small and medium-sized businesses. CIRAS has been conducting a phone survey so we can better understand the needs of Iowa companies and better connect them to appropriate resources.

Here is what we’ve learned so far:

 

Top takeaways from the survey 

  • The proportion of businesses operating at full capacity is remains steady. Many are operating at reduced capacity due to precautionary measures, outbreaks, and reduced demand.  
  • Few companies have closed or are at risk of closing in the next 30 days.
  • Businesses continue to be concerned about Employee Well-being, Revenue Loss, and Workforce. 
  • Some continue to seek help with COVID-19 information such as cleaning and PPE supply chain. 

CIRAS Helpline 

If your business is impacted by COVID-19, CIRAS can provide no-cost assistance to help you understand your next steps. CIRAS has set up teams to help companies with HR, supply chain, safety, and other challenges

For help contact our helplineciras.info@iastate.edu or Shankar Srinivasan (515-290-6702, srigshan@iastate.edu).

Additional informationwww.ciras.iastate.edu/COVID-19.