WE ARE
STRONG.
WE ARE
RESILIENT.
WE ARE
HOUSTON.

HOUSTON RALLIES shines a light on heroic small
businesses and the things you can do now to rally
behind them, help them stay afloat, and save jobs.

WE ARE
STRONG.
WE ARE
RESILIENT.
WE ARE
HOUSTON.

HOUSTON RALLIES shines a light on heroic small businesses and the things you can do now to rally behind them, help them stay afloat, and save jobs

THE FACTS

There are 122,517 businesses in the Houston metropolitan area.

Of those, 119,005 are small businesses with fewer than 500 employees.

There are 94,936 small businesses in Houston with 20 or fewer employees.

Small businesses are the lifeblood of our city, and the impact of COVID-19 on Houston’s small businesses is devastating!

A survey by the Greater Houston Partnership (GHP) reported on March 31, 2020, shows 91% of GHP member businesses with 500 or fewer employees have lost revenue.

More than one third have laid off workers and about half said they are not paying employees during the shutdown.

Four in 10 businesses said they can survive the slowdown for only four weeks or less.

Here are the highlights from the GHP survey:

  • Small businesses are feeling the impact of the COVID-19 slowdown.
    • 18% are unable to receive supplies or services
    • 29% are unable to deliver goods or services
    • 34% have reduced employee headcount
    • 17% are operating at zero capacity
    • 59% are operating below half capacity
    • 91% have lost revenue
    • 41% can survive the slowdown/shutdown for only one to four weeks
  • Companies are split about paying employees who temporarily can’t work.
    • 49% will not pay workers during the COVID-19 hiatus
    • 32% will pay full wages
    • 19% will pay reduced wages
  • Economic uncertainty is high.
    • 64% are concerned about finances and liquidity
    • 58% are concerned about declining consumer confidence
    • 53% are concerned about a U.S. or global recession
    • 55% are “unsure” if they will have to make permanent layoffs in the next six months

As reported on March 31, 2020 by Houston Public Media/ a service of University of Houston.

THE FACTS

There are 122,517 businesses in the Houston metropolitan area.

Of those, 119,005 are small businesses with fewer than 500 employees.

There are 94,936 small businesses in Houston with 20 or fewer employees.

Small businesses are the lifeblood of our city, and the impact of COVID-19 on Houston’s small businesses is devastating!

A survey by the Greater Houston Partnership (GHP) reported on March 31, 2020, shows 91% of GHP member businesses with 500 or fewer employees have lost revenue.

More than one third have laid off workers and about half said they are not paying employees during the shutdown.

Four in 10 businesses said they can survive the slowdown for only four weeks or less.

Here are the highlights from the GHP survey:

  • Small businesses are feeling the impact of the COVID-19 slowdown.
    • 18% are unable to receive supplies or services
    • 29% are unable to deliver goods or services
    • 34% have reduced employee headcount
    • 17% are operating at zero capacity
    • 59% are operating below half capacity
    • 91% have lost revenue
    • 41% can survive the slowdown/shutdown for only one to four weeks
  • Companies are split about paying employees who temporarily can’t work.
    • 49% will not pay workers during the COVID-19 hiatus
    • 32% will pay full wages
    • 19% will pay reduced wages
  • Economic uncertainty is high.
    • 64% are concerned about finances and liquidity
    • 58% are concerned about declining consumer confidence
    • 53% are concerned about a U.S. or global recession
    • 55% are “unsure” if they will have to make permanent layoffs in the next six months

As reported on March 31, 2020 by Houston Public Media/ a service of University of Houston.

©2020 HoustonRallies.com