Watch CBS News

40% of black-owned businesses not expected to survive pandemic, research suggests

Name: 40% of black-owned businesses not expected to survive pandemic, research suggests
Uploaded: 2020-06-11T20:08:05-0400
Duration: 6 min 11 s
Description: 40% of black-owned businesses are not expected to survive the coronavirus pandemic, according to research from the University of California at Santa Cruz. CBS Moneywatch reporter Khristopher J. Brooks explains the struggles black-owned businesses are facing and how people can help.

40% of black-owned businesses are not expected to survive the coronavirus pandemic, according to research from the University of California at Santa Cruz. CBS Moneywatch reporter Khristopher J. Brooks explains the struggles black-owned businesses are facing and how people can help.