Why Black and Hispanic small-business owners have been so badly hit in the pandemic recession
- Written by Carlos Avenancio-Leon, Assistant Professor of Finance, Indiana University
Black-owned businesses have been shuttered at a higher rate during the pandemic.AP Photo/Mark LennihanThe pandemic has taken a heavy toll on Main Street, with small businesses across the U.S. closing by the thousands.
But as bad as the overall scene is, for minority-owned businesses the picture is even bleaker. A survey released on Jan. 27 by advoca...

