Heard on the Street – here’s what we were reading last week:
Small Businesses In Finance And Insurance Recovered Best From Pandemic: In an examination of small business funding trends, the new Biz2Credit Recovery Ranking for 2021 found that businesses in the Financial Services and Insurance industry recovered the fastest from the Covid-19 pandemic compared to other industries.
Small Business Saturday holiday shopping is back, and maybe changed forever: Just over one-third (34%) of Americans plan to shop on Small Business Saturday, up from last year, but significantly lower than in the years before the pandemic
How understaffed are stores? Smaller retailers feel the holiday-shopping strain: Small businesses find themselves competing for workers not only against the deep-pocketed giants, but also restaurants and warehouses. And this year, everyone needs more workers than ever before — because shoppers have flooded back with record spending.
The Federal Reserve’s Reckoning on Racial Equity: What the recent changes at the Federal Reserve mean for Black and Brown job-seekers, and how those changes are rooted as much in grassroots organizing as they are in macroeconomic theory.