News Karnataka
Monday, May 16 2022
North America

1/3rd of small US firms see sales drop amid surging Omicron cases

New York: Thirty-three per cent of small firms in the US have reported revenue decreases in the week ended January 9 due to the surge of Omicron cases, the highest since February last year, Bloomberg has reported, citing the US Census Small Business Pulse Survey.

Economists expect a sharp but short-lived decrease in economic activities due to the rapid spread of the Omicron variant, it said, noting that the number of sick days alone has limited the output of many industries, Xinhua news agency reported.

A growing number of small US businesses have shut locations, with the number of closures surging in Seattle, New York City and Washington, D.C., it added.

MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Leave a Reply

Your email address will not be published.

Visit 7Jackpots and find the best online casinos in India! Play the most popular casino games for real money!

Find the best odds at 10Cric and ipl betting 2021! Signup today and get up to a 100% deposit bonus.

Subscribe Newsletter

Get latest news karnataka updates on your email.