CIRAS Survey UPDATE: Business Impacts of COVID-19

June 26, 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 reduced capacity remains elevated. 
  • Concerns about revenue loss and workforce stability are increasing amid reduced demand and a negative outlook for the economy as companies re-open 
  • Businesses continue to seek assistance regarding COVID-19 information, restoring lost revenue, and hiring. 

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.