Chamber: COVID-19 recovery will be 'a long haul'

Government
Essential boozeness 1600x900
COVID-19's impact on Indiana businesses remains "severe," chamber survey finds. | Wikimedia Commons

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

The impact of COVID-19 on Indiana businesses remains “severe,”  with only a few improvements since April, according to a press release from the Indiana Chamber.

The group followed up on an April survey of 634 state business leaders and found only slight improvement.

“A positive spin is we are starting to trend in the right direction during this reopening period,”  Kevin Brinegar, Indiana Chamber president and CEO, said in the press release.. “The survey shows that and we are hearing that directly when we speak to our member businesses.”

But recovery won't be quick.

“The results also reinforce that this recovery is going to be a long haul – not months, but likely a year or longer before things resemble ’normal’ levels of activity,” Brinegar said in the press release. 

The survey rated the impact of the coronavirus on a scale of one to 10, with 10 being the most severe impact. In April, the average response was 7.2. In late June, the number dropped slightly to 6.5.

One big concern noted by business leaders was being sued by employees or customers claiming they contracted the coronavirus because of the company's actions, the chamber said in the press release. 

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

MORE NEWS