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Tuesday, April 14, 2020

STUDY: MARYLAND’S SMALL BUSINESSES ARE FARING BETTER THAN THOSE IN MOST STATES

Maryland ranks near the bottom among states whose small businesses are most affected by the coronavirus, according to a study released on Monday.

The WalletHub study found that Maryland ranked 40th among 51 jurisdictions in terms of small businesses most affected due to the virus. Hawaii ranked first and the District of Columbia ranked last. Maryland ranked 48th among states with the highest average annual federal small-business funding per GDP. Mississippi had the lowest annual federal small-business funding per GDP.

The study based its findings on three criteria: “Impact & Access to Resources,” “Small-Business Financial Conditions” and “Business Environment & Workforce Support.” The three criteria are evaluated across 12 metrics. Each metric is weighted on a scale of 0-100. WalletHub used data from U.S. government agencies such as the Census Bureau, the Small Business Administration, the Department of Labor’s Bureau of Labor Statistics and the National Science Foundation.

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8 comments:

  1. No thanks to dirty Larry !

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  2. Wrong
    Dirty Mary..Crazy Larry!

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  3. Because of DC . Where all the manufacturing ( printing)is located

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  4. I don't understand the hate for Governor Hogan... he has stepped up and been a great leader during this pandemic, and most people in Maryland like the guy on all sides of the political spectrum.

    Maryland is doing better than most places, and he's the guy running the show. I like that he's not so partisanly poisoned that he can't reach across the isle and actually get things done. I like that he doesn't just goose step to the parties talking points. He actually discerns things for himself.

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  5. 8:13

    Are you smoking crack?

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  6. @ April 15, 2020 at 8:38 AM

    No, I'm paying attention. Are you?

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  7. "Maryland's small businesses are faring better than those in most states" tell that to the small businesses that have closed, to never open again.

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  8. those numbers are as skewed and the death and recovery numbers.

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