PBN survey: Most R.I. businesses foresee recovery from pandemic within a year

PAINFULLY QUIET: Chris Hubbard, owner of Emergency Production LLC, has seen his audio-visual business decimated without the concerts, corporate meetings and sporting events that make up its revenue. After his Paycheck Protection Program loan funding ran out, Hubbard laid off all but one employee, and stopped paying himself. / PBN PHOTO/MICHAEL SALERNO
Despite the economic devastation inflicted by COVID-19, Rhode Island businesspeople remain optimistic that the worst is over and their businesses can only improve in the next year, according to responses to Providence Business News’ 2020 Summer Business Survey. Nearly two-thirds of the business owners and executives who responded to the biannual survey – 63.3% –…

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