File photo
File photo
The City of New Braunfels conducted a survey to reveal the impact the COVID-19 pandemic has had on local businesses.
Respondents said they suffered revenue losses of at least 40% during the outbreak and a plurality report losing at least 80%. Ninety-one participants representing a cross section of various sectors took the survey administered on April 2.
The coronavirus prompted Gov. Greg Abbott to place the state under a stay-at-home order and to shutter businesses deemed nonessential. With Texans hunkered down, businesses took huge hits to their bottom lines.
“The purpose of the survey was to see if local results were aligning with other national surveys,” Jeff Jewell, the city’s director of economic and community development, told the New Braunfels Herald-Zeitung. “Lots of different organizations, mainstream local and regional chambers of commerce and regional economic development organizations were running parallel surveys, almost to a point where people were beginning to get some survey fatigue, but our purpose here was to collect some locally based data in order to assess and perhaps inform future policy that this body and other economic development stakeholders may take in the future.”