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Small Businesses Struggle, Hold on to Hope for More Government Relief

After the federal government approved a stimulus bill in early 2020 to offset the economic damage created by the COVID-19 pandemic, Benn Ray, owner of Baltimore’s Atomic Books, said spending at his shop improved.

Despite obstacles to opening due to the coronavirus’ spread, once the federal government approved the Coronavirus Aid, Relief, and Economic Security Act commerce at his store neared normal levels. When those funds dried up shopping at Atomic Books fell off.

“Right now everyone’s focus is on just how to survive, but I think the general consensus is there needs to be another round of stimulus, and there needs to be more help (for small businesses),” Ray said.

Shops like Ray’s in Maryland, however, will need to find a way to muddle through without additional federal aid to consumers at least through early 2021.

Click here to read the full article from The Daily Record!

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