Even with latest federal stimulus, experts say more is needed to keep local businesses afloat bakersfield.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bakersfield.com Daily Mail and Mail on Sunday newspapers.
FAIRFIELD-SUISUN, CALIFORNIA
Even with latest federal stimulus, experts say more is needed to keep local businesses afloat [The Bakersfield Californian]
Jan. 1 A new fiscal stimulus bill signed into law Dec. 27 will provide much-needed relief to Kern County businesses, which have been struggling to survive over the last few months. Still, the economic toll caused by the coronavirus pandemic has left many employers in difficult positions, and economic experts say more funding will be needed before widespread vaccinations become available.
“There’s a huge spectrum of individual situations that is really, really, difficult to try to lump into one category, but it’s a broad spectrum across the board,” said Kelly Bearden, director of the Cal State Bakersfield Small Business Development Center. “As far as a devastating impact on businesses in general, I would say it’s the worst that’s happened, at least in my lifetime.”