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COVID-19 Impact on Activity for Smaller Agricultural Processing and Marketing Firms During May 17-23, 2020

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  • Hughes, David W.

Abstract

This fact sheet analyzes responses to a U.S. Census Bureau survey of U.S. businesses to provide a snapshot of the effects of the COVID-19 pandemic on business activity. The analysis focuses on small agricultural processing and marketing firms. The small business pulse survey is being conducted for nonfarm, single-location employment businesses with at least one but less than 500 employers and with annual receipts of at least $1,000. The sampled businesses include all 50 states, the District of Columbia and Puerto Rico. While the survey has been conducted on a weekly basis since April 26 (U.S. Census Bureau, 2020), the data analyzed here is from the most recently reported week, May 17-23, 2020. While the survey asked several questions, all reported values are for a single question: “Overall, how has this business been affected by the COVID-19 pandemic?” We also limit our discussion to sectors that process or market agricultural products in either the food (e.g., food manufacturers or grocery stores) or nonfood (e.g., textile mills or paper manufacturers) areas. For comparison, the impact across all surveyed businesses is reported, as well.

Suggested Citation

  • Hughes, David W., 2020. "COVID-19 Impact on Activity for Smaller Agricultural Processing and Marketing Firms During May 17-23, 2020," Extension Reports 303866, University of Tennessee, Department of Agricultural and Resource Economics.
    • Handle: RePEc:ags:utaeer:303866
    DOI: 10.22004/ag.econ.303866
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    Cited by:

    1. Hughes, David W., 2020. "Analysis of Tennessee Wine and Grape Industry Trends, 2020," Extension Reports 321274, University of Tennessee, Department of Agricultural and Resource Economics.
    2. Hughes, David W., 2020. "COVID-19 Impact on Activity for Smaller Agricultural Processing and Marketing Firms: May 17-23, 2020, Versus June 21-27, 2020," Extension Reports 304963, University of Tennessee, Department of Agricultural and Resource Economics.

    More about this item

    Keywords

    Agribusiness; Agricultural and Food Policy;

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    Access and download statistics

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