Pandemic restrictions closed 20% of Ohio businesses, 12th among all states in the U.S.

Written on Jan 06, 2021

Pandemic restrictions forced nearly 20% of Ohio businesses to close at least temporarily, putting the Buckeye State among the highest of all 50 states in the nation for closures, federal data show.

Ohio ranked 12th on the list.

Puerto Rico, where 50% of businesses closed, ranked the highest, while Michigan’s 32% of business closings topped the states.

Nationally, government-enforced lockdowns closed 19% of businesses, as reported by the U.S. Bureau of Labor Statistic (BLS)s based on private-sector data compiled between July 20 and Sept. 30. The BLS notes Michigan was followed closely by Pennsylvania (30%); Washington (27%); Vermont, Hawaii and New York (26%).

The BLS reports only six states – South Dakota, Arkansas, North Dakota, Utah, Wyoming and Nebraska – saw fewer than 10% of businesses closed in response to government mandated restrictions.

Nationwide, 62% of businesses received a loan or grant to help make payroll, with Ohio (64%) trailing the nation’s highest percentage state in the same category: Alabama and Hawaii (67%). By contrast, the District of Columbia (55%), Montana (57%), and New Mexico (57%) had the lowest percentage of businesses that received a loan or grant.

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