Poverty Lab COVID-19 & the Economy
Understanding the Economic Impacts of COVID-19
The Poverty Lab and the Rustandy Center for Social Sector Innovation at Chicago Booth have embarked on a series of joint research projects to better understand the impact of the COVID-19 crisis on small businesses and households.
High-Frequency Labor Market Data
Researchers are analyzing daily timecard data for nearly 40,000 small businesses in the United States, tracking changes in hours worked before and after the COVID-19 crisis began. Collected in collaboration with Homebase, data comes from varying sizes of small businesses across 10 different industries.
Read the most recent analysis
Download the press release
Small Business Surveys
COVID-19 impact on small businesses in Chicago: Results from a Poverty Lab survey
In partnership with several governmental and agency partners and other business-serving organizations, the Poverty Lab fielded a survey to understand the impact of COVID-19 on small businesses and how those business owners responded to the various federal and local loan and grant programs available. Researchers collected responses from 911 business owners in Chicago between April 21st and May 21st who responded to an invitation they received via email.
Read the memo
The impact of COVID-19 on small business outcomes and expectations
To explore the impact of coronavirus disease 2019 (COVID-19) on small businesses, researchers conducted a survey of more than 5,800 small businesses between March 28 and April 4, 2020.
Read the paper
MORECovid-19 Homebase Press Release 2020-04-09 Covid-19 Homebase Analysis Week 3–4 Covid-19 Homebase Analysis Week 5–6 Covid-19 Homebase Analysis Week 7–8 Covid-19 Homebase Analysis Week 1 Covid-19 Homebase Analysis Week 2 Chicago Small Business Recovery Dashboard Covid-19 Impact on Small Businesses in Chicago - Survey Results