The Impact of COVID-19 on Communities and Small Businesses

Patrick T. Harker

Speech from Federal Reserve Bank of Philadelphia

Abstract: Speaking at a Fed webinar, Philadelphia Fed President Patrick Harker said small businesses, and those owned by minorities in particular, are among those most economically impacted by the COVID-19 crisis. Harker said one solution to help create a stronger small business sector could be to ensure that more small businesses and microenterprises have relationships with banks.

Keywords: COVID-19; small business (search for similar items in EconPapers)
Pages: 5
Date: 2020-07-14
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