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Sunday July 5th, 2020 -
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Despite a COVID-19 induced shutdown to the collegiate athletic world in March, colleges around the state looking to get their athletic programs back in business face challenges on all fronts to make it happen.
Local Arkansas sports leagues looking to restart amid the COVID-19 pandemic face challenges of their own returning to the field.
Since the start of the coronavirus, many small businesses have faced the hardships of decline in revenue, customers, and even employees.
As small business owners in Central Arkansas look to local COVID-19 support from organizations like the Arkansas Small Business and Technology Development Center (ASBTDC), top national trade groups are also stepping in to lobby lawmakers and policymakers for further financial aid, business friendly legislation, and legal protection from the pandemic.
As many hospitals and other healthcare providers continue to deal directly with the impact of COVID-19, those same entities are now facing the pressure of getting their operations back up to speed and reopening again to the public.
One segment of the healthcare sector that faces a long road ahead in Arkansas and across the U.S. is the nursing home and long-term care industry that includes assisted living facilities.
Although home purchase and price activity took a dive in the first quarter due as COVID-19, there are encouraging signs that record low mortgage interest rates and the dwindling inventory of housing stock could serve as the leading edge of a broader recovery coming out of the pandemic.
As the COVID-19 swept over the U.S. population in early 2020, the U.S. Census Bureau and five different federal agencies found themselves in the unique position to produce data on the social and economic effects of COVID-19 on American households.
Although thousands of Arkansas workers have been pushed to the sidelines due to COVID-19 and ongoing social distancing policies, certain sectors are not expected to fully rebound once the world’s largest economy gears back into full production.
Although not quite the economic apocalypse that some forecasters predicted, the post-pandemic business landscape is still expected to leave some key sectors and laid off workers in dire straits over the next several months.
The Daily Record
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