Xinhua
14 Jan 2022, 21:35 GMT+10
NEW YORK, Jan. 14 (Xinhua) -- Thirty-three percent of small firms in the United States have reported revenue decreases in the week ended Jan. 9 due to the surge of Omicron cases, the highest since February last year, Bloomberg reported Friday, citing the U.S. Census Small Business Pulse Survey.
Economists expect a sharp but short-lived decrease in economic activities due to the rapid spread of the Omicron variant, it said, noting that the number of sick days alone has limited the output of many industries.
A growing number of small U.S. businesses have shut locations, with the number of closures surging in Seattle, New York City and Washington, D.C., it said.
Get a daily dose of China National News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to China National News.
More InformationPHNOM PENH, Cambodia: Cambodia and China have revived work on a stalled canal project that aims to connect the Mekong River to the...
WASHINGTON, D.C.: The U.S. Department of Justice kicked off its landmark antitrust trial against Google this week, warning that the...
NEW YORK, New York - U.S. President Donald Trump retreated from his harsh approach to trade negotiations with China on Wednesday, and...
WASHINGTON, D.C.: More U.S. pharmacies are promising to get prescriptions to your doorstep faster than ever, with same-day delivery...
WASHINGTON, D.C.: The Trump administration has launched the first step in crafting a new five-year offshore oil and gas leasing program...
WASHINGTON, D.C.: U.S. regulators have approved Virginia-based Capital One's $35.3 billion acquisition of Discover Financial Services,...
PHNOM PENH, Cambodia: Cambodia and China have revived work on a stalled canal project that aims to connect the Mekong River to the...
CUTID, Philippines: On April 18, Good Friday, Christian believers in the Philippines were nailed to crosses in a reenactment of Jesus...
BEIJING, China: Apple's grip on China's smartphone market continued to weaken in the first quarter of 2025, with the U.S. tech giant...
TOKYO, Japan: Toyota is weighing plans to build the next-generation RAV4 SUV in the United States, according to three people familiar...
SINGAPORE: Amid rising trade tensions, several Asian nations are stepping up energy purchases from the U.S. in hopes of easing tariff...
TAIPEI, Taiwan: Taiwan's TSMC reported stronger-than-expected first-quarter earnings on Thursday, driven by booming demand for AI-related...