The financial risk to business owners in the U.S. posed by the COVID-19 downturn varies by demographic group

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April 23, 2020

The financial risk to U.S. business owners posed by COVID-19 outbreak varies by demographic group

The financial risk to business owners in the U.S. posed by the COVID-19 downturn varies by demographic group

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The financial risk to business owners in the U.S. posed by the COVID-19 downturn varies by demographic group

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The financial risk to U.S. business owners posed by COVID-19 outbreak varies by demographic group
Immigrants control most Asian-owned businesses and about half of Hispanic-owned firms
Most U.S. businesses have modest payrolls and sales, and many are relatively young
Most U.S. businesses are owned by men or white entrepreneurs; Asian owners are markedly present in higher-risk industries

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ABOUT PEW RESEARCH CENTER Pew Research Center is a nonpartisan fact tank that informs the public about the issues, attitudes and trends shaping the world. It conducts public opinion polling, demographic research, media content analysis and other empirical social science research. Pew Research Center does not take policy positions. It is a subsidiary of The Pew Charitable Trusts.

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