FEWER THAN 2 LAKH BUSINESSES FAILED DURING FIRST YEAR OF COVID-19: FED RESEARCH

Highlights

• The authors wrote in the study, unlike what was predicted, our results may represent an optimistic update to views about pandemic-related business failure

• The chair of Federal Reserve Jerome Powell has said that the US economy is all set to witness a boom, though the COVID-19 still poses some risk

According to Federal Reserve research, lesser than 200,000 businesses in the United States ma....