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Report: More Than 70 Percent of U S Small Businesses Need Government Aid to Succeed in 2021

Getty Images While lawmakers continue to negotiate a federal stimulus package, a new report sheds light on just how badly American entrepreneurs need relief. More than 70 percent of U.S. small-business owners said they need more government aid to succeed in 2021, according to the Q4 Small Business Index report released Tuesday by the U.S. Chamber of Commerce and MetLife. An even greater share 83 percent of minority-owned businesses surveyed said getting more federal aid is vital.  Small-business owners view of the national economy is improving slightly. In the new report, 22 percent said the economy was in somewhat good health, compared with 15 percent in the Chamber s third-quarter survey. Many entrepreneurs (62 percent) said they fear the pandemic s worst impact on the economy has yet to come, though their outlook varied widely by region.

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