Not surprisingly, nearly 90% of Wyoming businesses are anticipating a revenue loss this year due to the COVID-19 pandemic.

This news came from a statewide survey by the Wyoming Business Alliance that was based on more than 400 respondents.

Some other findings from the survey included:

  • Nearly 63% plan to keep their workforce the same in response to COVID-19 while 35 percent plan to decrease their workforce, perhaps up to 5 employees.
  • More than 88 percent have had to alter their normal plans in light of the COVID-19 pandemic
  • 29 percent plan to close their business temporarily, though many were unsure of the actual length of time.

With regards to anticipated revenue loss, nearly 18 percent expect a 20% loss in revenue.

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