Alva Review-Courier -

Bleak outlook without stimulus: More layoffs, anemic growth

 

October 8, 2020



WASHINGTON (AP) — President Donald Trump's move Tuesday to cut off talks on another government aid package will further weaken an economy straining to recover from an epic collapse, economists say, and deepen the hardships for jobless Americans and struggling businesses.

Half of all small businesses expect to need more aid from the government over the next 12 months to survive, according to a survey by the right-leaning National Federation of Independent Business. Sales for about one-fifth of small companies are still down 50% or more from pre-pandemic levels, the NFIB said.

For roughly...



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