Key Results: Business Surveys and Polling

The Detroit Regional Chamber has been tracking the economic impact of Michigan’s COVID-19-related shutdowns, and its phased reopenings. The graphics below show a snapshot of the overall health of the economy, half a year into the pandemic.

Moody’s Analytics and CNN compiled a study tracking America’s recovery. The study shows that Michigan’s economy, ahead of many of our peer states, is operating at 87% of where it was in early March. This outpaces the nation, which is operating at 78% of where it was in early March.

MICHauto recently partnered with Dykema and The Right Place to survey automotive industry businesses and professionals to better understand the challenges they are facing as a result of the COVID-19 pandemic. The survey results linked below analyze these responses and discuss the impact of COVID-19 on automotive operations and revenues framed by the outlook for the U.S. economy and automotive industry moving forward.

Minority-owned small businesses have been hit harder by the pandemic and corresponding economic crisis, according to a new special report released today by the U.S. Chamber of Commerce and MetLife.

The U.S. Chamber released the results of their “July 2020 Small Business Coronavirus Impact Poll” that shows small businesses see grounds for cautious optimism but many are preparing for a coronavirus resurgence. This poll was conducted in partnership with MetLife. 

The OI Economic Tracker is an interactive tool helping identify pandemic-related impacts among industries and communities by visualizing consumer spending, status on small businesses, and job postings across the nation at granular levels.

Nearly 60% of Michigan parents say their ability to go to work would take a hit if schools don’t reopen in the fall, according to survey results released Monday.

The Small Business Pulse Survey, a weekly experimental data product from the U.S. Census Bureau, has released the fifth week of results showing the effects of COVID-19 on national, state, and regional small businesses.

Employers are entering unchartered territory. They are reopening after a global pandemic brought the economy to a screeching halt for more than 8 weeks.

New research from New American Economy (NAE) released in partnership with the City of Detroit, Detroit Regional Chamber, Global Detroit, Oakland County and Wayne County highlights how immigrants are both essential to the region’s COVID response efforts and especially vulnerable.

ASE released the results to our third COVID-19 Business Impact Survey, Return-to-Work Preparations.  The survey found that Michigan employers are well prepared to return to work.

The Small Business Pulse Survey, a new weekly experimental data product from the U.S. Census Bureau, has released the first week of results showing the effects of COVID-19 on the nation’s small businesses.