Persistent spikes in COVID-19 have led to a stall in U.S. small business activity

Visa’s analysis of current economic data shows surging COVID cases stall revenue and employment recovery as July saw a slight pull back in small business optimism.
Small Business Recovery Monitor: Visa's analysis of current economic data indicates that U.S. small business activity stalled in July. See image Description.
A line chart showing the percent change since January of small businesses open from Jan-2020 to Jul-2020 with rates falling below 0% in Mar-2020 and reaching the lowest point in Apr-2020 of -34.1%.