As the vaccine rollout continues and state case numbers hover near pandemic-era lows, businesses are reporting improved confidence they’ll be able to keep their doors open.
Nearly seven in 10 Florida small businesses now believe they’ll be able to stay open for at least the next six months, according to Facebook’s latest “Global State of Small Business Report.”
The newest edition, released Thursday, breaks out data by state for the first time. The side-by-put a positive light on the Sunshine State, with near-term small business confidence outpacing the national average.
Florida is also beating the baseline in several other metrics.
Five out of six (84%) Florida small businesses are operational or engaged in revenue-generating activities. The share is six points ahead of the national average. Likewise, 81% of minority-owned businesses and 85% of women-owned businesses are operating — the U.S. average is 73% and 75%, respectively.
Still, the economy is not firing on all cylinders.
About a third (32%) of small businesses, including half of those owned by women, have seen a sales slump. In both cases, Florida trails the nation by 5 points.
“Since the start of the pandemic more than a year ago, small businesses around the world have