Economics
U.S. Small Retailers Post Best Covid-Era Month for Paying Rent
- Small businesses show solid recovery in Alignable survey
- Improvements mask inequalities, with minorities struggling
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U.S. small retailers had their best month yet in terms of paying rent in the pandemic era, the strongest sign that the local economy is finishing the year on a better note.
About one-quarter of small retailers said they couldn’t make rent in December, the lowest percentage since the Covid-19 crisis started, and a steep drop from 40% in November, according to a monthly poll by Alignable, a business-referral network.