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Agenda - 11-12-20; ITEM 3 - Update on COVID-19 Long Term Recovery Planning
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Agenda - 11-12-20; ITEM 3 - Update on COVID-19 Long Term Recovery Planning
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11/6/2020 3:34:50 PM
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BOCC
Date
11/12/2020
Meeting Type
Work Session
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Agenda
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ITEM 3
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Agenda - 11-12-20 Virtual Work Session
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\Board of County Commissioners\BOCC Agendas\2020's\2020\Agenda - 11-12-20 Virtual Work Session
Minutes 11-12-2020 Virtual Work Session
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\Board of County Commissioners\Minutes - Approved\2020's\2020
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30 <br /> DRAFT <br /> (25%) reported increases between 20% and 50%. As a result, about half of the businesses reporting <br /> higher revenue during the pandemic have experienced gains of over 20%while the other half reported <br /> increases of under 20%. <br /> 20. Percentage Change in Revenue Count Percentage <br /> Down 0%to 5% 9 3.1% <br /> Down 5%to 10% 14 4.9% <br /> Down 10%to 20% 23 8.0% <br /> Down 20%to 50% 54 18.9% <br /> Down More Than 50% 62 21.7% <br /> Up 0%to 5% 29 10.1% <br /> Up 5%to 10% 12 4.2% <br /> Up 10%to 20% 22 7.7% <br /> Up 20%to 50% 32 11.2% <br /> Up More Than 50% 29 10.1% <br /> Grand Total 286 100.0% <br /> The sector in which a business operates appears to be directly related to revenue outcomes. Of those <br /> firms that reported the most severe revenue reductions of 20% or more, over half of those businesses <br /> were engaged in food service and drinking places, arts and entertainment venues, and personal services <br /> such as hair salons and fitness centers. <br /> Top Ten Sectors Experiencing Revenue Losses of <br /> 20% or More <br /> n=106 <br /> Food Service and Drinking Places 28 <br /> Arts,Entertainment and Recreation 17 <br /> Personal Services(hair,nail,fitness centers,etc) 15 <br /> Retail 11 <br /> Professional Services(finance,insurance,legal,etc) <br /> Accomodations 8 <br /> Other Services(HVAC,mechanic,plumbing,etc) 5 <br /> Real Estate/Rental/Leasing 5 <br /> Healthcare 5 <br /> Education 3 <br /> 0 5 10 15 20 25 30 <br /> Conversely, businesses that reported revenue increases of 20% or more included professional services <br /> such as legal services, accounting services, and others. However, some of the same sectors that <br /> 9 <br />
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