{"id":99261,"date":"2020-04-16T14:12:42","date_gmt":"2020-04-16T21:12:42","guid":{"rendered":"https:\/\/www.questionpro.com\/blog\/?p=99261"},"modified":"2020-04-16T14:12:42","modified_gmt":"2020-04-16T21:12:42","slug":"covid-economic-impact-assessment-survey","status":"publish","type":"post","link":"https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/","title":{"rendered":"COVID &#8211; Economic Impact Assessment Survey"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">When an unprecedented tsunami like COVID hits humankind &#8211; only one word comes to mind &#8211; &#8220;Crisis&#8221; &#8211; and it&#8217;s taken some time for leaders throughout the world to acknowledge a few things;<\/span><\/p>\n<ol>\n<li>This is indeed a crisis &#8211; both in health and then subsequently economic.<\/li>\n<li>Response to this has to be done with a &#8220;war&#8221; like effort.<\/li>\n<li>Significant behavioral shifts are going to happen because of this in societies.<\/li>\n<\/ol>\n<p>While Federal &amp; State governments are working around the clock to support the health-care system, many local government leaders are looking to assess the economic damage done. While there is no perfect model for measuring economic damages &#8211; we at QuestionPro have come up with a survey-based model to assess the <span style=\"text-decoration: underline;\"><em>impact at the local level.<\/em><\/span><\/p>\n<p>Most county and city revenue is derived from sales\/business &amp; occupancy taxes everyone is expecting a dip in revenue &#8211; but by how much is the larger questions.<\/p>\n<ul>\n<li>Do we expect a 50% decline or an 80% or a 20% decline in revenue?<\/li>\n<\/ul>\n<p>Obviously, there are many inputs that go into such modeling, but small business sentiment and operations are typically early warning indicators.<\/p>\n<p>We&#8217;ve designed and developed two models &#8211; specifically around the PPP \/ SBA Loan program that we&#8217;ve run &#8211; one for Small Businesses and another one for Non-Profit&#8217;s &#8211; to determine the following;<\/p>\n<ol>\n<li>Efficacy of the SBA \/ PPP Loan Program<\/li>\n<li>Ground-level estimates around the &#8220;Layoffs\/Dips&#8221; in Revenue<\/li>\n<li>Medium Term \/ Horizon Level Economic Outlook<\/li>\n<\/ol>\n<p>Together, if leaders can use that data as inputs to models for tax base calculations, state\/local and government entities can use this data to justify asking for grants and assistance at the federal level.<\/p>\n<p><strong>Links to Surveys<\/strong><br \/>\nSmall Business: <a href=\"https:\/\/smallbizppp.questionpro.com\/\">https:\/\/smallbizppp.questionpro.com\/<\/a><br \/>\nNonprofit: <a href=\"https:\/\/nonprofitppp.questionpro.com\/\">https:\/\/nonprofitppp.questionpro.com\/<\/a><\/p>\n<p>If you would like to use these <a href=\"https:\/\/www.questionpro.com\/blog\/surveys\/\">surveys<\/a> to do an assessment impact, its <em>FREE<\/em> to use.<br \/>\nPlease email us at <a href=\"mailto:research@questionpro.com\">research@questionpro.com<\/a> &#8211; and we will:<\/p>\n<ol>\n<li>Send you a customized link to either of the two surveys;<\/li>\n<li>You will also have a customized link to a dashboard\/analytics and raw data &#8211; that you can use for your economic impact models.<\/li>\n<\/ol>\n<p>We look forward to working with you.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When an unprecedented tsunami like COVID hits humankind &#8211; only one word comes to mind &#8211; &#8220;Crisis&#8221; &#8211; and it&#8217;s [&hellip;]<\/p>\n","protected":false},"author":93,"featured_media":123153,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[203,227,238],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>COVID - Economic Impact Assessment Survey | QuestionPro<\/title>\n<meta name=\"description\" content=\"We have come up with a survey-based model to assess COVID-19 enconomic the impact at the local level. It&#039;s FREE to use, you just have to contact us!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"COVID - Economic Impact Assessment Survey | QuestionPro\" \/>\n<meta property=\"og:description\" content=\"We have come up with a survey-based model to assess COVID-19 enconomic the impact at the local level. It&#039;s FREE to use, you just have to contact us!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/\" \/>\n<meta property=\"og:site_name\" content=\"QuestionPro\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/questionpro\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-16T21:12:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.questionpro.com\/blog\/wp-content\/uploads\/2020\/04\/economic-impact-assessment-survey.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"992\" \/>\n\t<meta property=\"og:image:height\" content=\"594\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Vivek Bhaskaran\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@questionpro\" \/>\n<meta name=\"twitter:site\" content=\"@questionpro\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Vivek Bhaskaran\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/\"},\"author\":{\"name\":\"Vivek Bhaskaran\",\"@id\":\"https:\/\/www.questionpro.com\/blog\/#\/schema\/person\/390ab9de2ef0555603e5730348b70448\"},\"headline\":\"COVID &#8211; Economic Impact Assessment Survey\",\"datePublished\":\"2020-04-16T21:12:42+00:00\",\"dateModified\":\"2020-04-16T21:12:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/\"},\"wordCount\":372,\"publisher\":{\"@id\":\"https:\/\/www.questionpro.com\/blog\/#organization\"},\"articleSection\":[\"Market Research\",\"non-profit\",\"Questionnaire\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/\",\"url\":\"https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/\",\"name\":\"COVID - Economic Impact Assessment Survey | QuestionPro\",\"isPartOf\":{\"@id\":\"https:\/\/www.questionpro.com\/blog\/#website\"},\"datePublished\":\"2020-04-16T21:12:42+00:00\",\"dateModified\":\"2020-04-16T21:12:42+00:00\",\"description\":\"We have come up with a survey-based model to assess COVID-19 enconomic the impact at the local level. It's FREE to use, you just have to contact us!\",\"breadcrumb\":{\"@id\":\"https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.questionpro.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Surveys\",\"item\":\"https:\/\/www.questionpro.com\/blog\/category\/survey-software\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"non-profit\",\"item\":\"https:\/\/www.questionpro.com\/blog\/category\/survey-software\/non-profit\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"COVID &#8211; Economic Impact Assessment Survey\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.questionpro.com\/blog\/#website\",\"url\":\"https:\/\/www.questionpro.com\/blog\/\",\"name\":\"QuestionPro\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.questionpro.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.questionpro.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.questionpro.com\/blog\/#organization\",\"name\":\"QuestionPro\",\"url\":\"https:\/\/www.questionpro.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.questionpro.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.questionpro.com\/blog\/wp-content\/uploads\/2022\/10\/questionpro-logo.svg\",\"contentUrl\":\"https:\/\/www.questionpro.com\/blog\/wp-content\/uploads\/2022\/10\/questionpro-logo.svg\",\"caption\":\"QuestionPro\"},\"image\":{\"@id\":\"https:\/\/www.questionpro.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/questionpro\",\"https:\/\/twitter.com\/questionpro\",\"https:\/\/www.linkedin.com\/company\/questionpro\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.questionpro.com\/blog\/#\/schema\/person\/390ab9de2ef0555603e5730348b70448\",\"name\":\"Vivek Bhaskaran\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.questionpro.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/23219280fa64b0041890f00956c49521?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/23219280fa64b0041890f00956c49521?s=96&d=mm&r=g\",\"caption\":\"Vivek Bhaskaran\"},\"description\":\"Vivek Bhaskaran is the founding member and executive chairman of QuestionPro, one of the industry's leading providers of web-based research technologies.\",\"url\":\"https:\/\/www.questionpro.com\/blog\/author\/bubek\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"COVID - Economic Impact Assessment Survey | QuestionPro","description":"We have come up with a survey-based model to assess COVID-19 enconomic the impact at the local level. It's FREE to use, you just have to contact us!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/","og_locale":"en_US","og_type":"article","og_title":"COVID - Economic Impact Assessment Survey | QuestionPro","og_description":"We have come up with a survey-based model to assess COVID-19 enconomic the impact at the local level. It's FREE to use, you just have to contact us!","og_url":"https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/","og_site_name":"QuestionPro","article_publisher":"https:\/\/www.facebook.com\/questionpro","article_published_time":"2020-04-16T21:12:42+00:00","og_image":[{"width":992,"height":594,"url":"https:\/\/www.questionpro.com\/blog\/wp-content\/uploads\/2020\/04\/economic-impact-assessment-survey.jpg","type":"image\/jpeg"}],"author":"Vivek Bhaskaran","twitter_card":"summary_large_image","twitter_creator":"@questionpro","twitter_site":"@questionpro","twitter_misc":{"Written by":"Vivek Bhaskaran","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/#article","isPartOf":{"@id":"https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/"},"author":{"name":"Vivek Bhaskaran","@id":"https:\/\/www.questionpro.com\/blog\/#\/schema\/person\/390ab9de2ef0555603e5730348b70448"},"headline":"COVID &#8211; Economic Impact Assessment Survey","datePublished":"2020-04-16T21:12:42+00:00","dateModified":"2020-04-16T21:12:42+00:00","mainEntityOfPage":{"@id":"https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/"},"wordCount":372,"publisher":{"@id":"https:\/\/www.questionpro.com\/blog\/#organization"},"articleSection":["Market Research","non-profit","Questionnaire"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/","url":"https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/","name":"COVID - Economic Impact Assessment Survey | QuestionPro","isPartOf":{"@id":"https:\/\/www.questionpro.com\/blog\/#website"},"datePublished":"2020-04-16T21:12:42+00:00","dateModified":"2020-04-16T21:12:42+00:00","description":"We have come up with a survey-based model to assess COVID-19 enconomic the impact at the local level. It's FREE to use, you just have to contact us!","breadcrumb":{"@id":"https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.questionpro.com\/blog\/covid-economic-impact-assessment-survey\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.questionpro.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Surveys","item":"https:\/\/www.questionpro.com\/blog\/category\/survey-software\/"},{"@type":"ListItem","position":3,"name":"non-profit","item":"https:\/\/www.questionpro.com\/blog\/category\/survey-software\/non-profit\/"},{"@type":"ListItem","position":4,"name":"COVID &#8211; Economic Impact Assessment Survey"}]},{"@type":"WebSite","@id":"https:\/\/www.questionpro.com\/blog\/#website","url":"https:\/\/www.questionpro.com\/blog\/","name":"QuestionPro","description":"","publisher":{"@id":"https:\/\/www.questionpro.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.questionpro.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.questionpro.com\/blog\/#organization","name":"QuestionPro","url":"https:\/\/www.questionpro.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.questionpro.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.questionpro.com\/blog\/wp-content\/uploads\/2022\/10\/questionpro-logo.svg","contentUrl":"https:\/\/www.questionpro.com\/blog\/wp-content\/uploads\/2022\/10\/questionpro-logo.svg","caption":"QuestionPro"},"image":{"@id":"https:\/\/www.questionpro.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/questionpro","https:\/\/twitter.com\/questionpro","https:\/\/www.linkedin.com\/company\/questionpro\/"]},{"@type":"Person","@id":"https:\/\/www.questionpro.com\/blog\/#\/schema\/person\/390ab9de2ef0555603e5730348b70448","name":"Vivek Bhaskaran","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.questionpro.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/23219280fa64b0041890f00956c49521?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/23219280fa64b0041890f00956c49521?s=96&d=mm&r=g","caption":"Vivek Bhaskaran"},"description":"Vivek Bhaskaran is the founding member and executive chairman of QuestionPro, one of the industry's leading providers of web-based research technologies.","url":"https:\/\/www.questionpro.com\/blog\/author\/bubek\/"}]}},"featured_image_src":"https:\/\/www.questionpro.com\/blog\/wp-content\/uploads\/2020\/04\/economic-impact-assessment-survey.jpg","featured_image_src_square":"https:\/\/www.questionpro.com\/blog\/wp-content\/uploads\/2020\/04\/economic-impact-assessment-survey.jpg","author_info":{"display_name":"Vivek Bhaskaran","author_link":"https:\/\/www.questionpro.com\/blog\/author\/bubek\/"},"_links":{"self":[{"href":"https:\/\/www.questionpro.com\/blog\/wp-json\/wp\/v2\/posts\/99261"}],"collection":[{"href":"https:\/\/www.questionpro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.questionpro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.questionpro.com\/blog\/wp-json\/wp\/v2\/users\/93"}],"replies":[{"embeddable":true,"href":"https:\/\/www.questionpro.com\/blog\/wp-json\/wp\/v2\/comments?post=99261"}],"version-history":[{"count":0,"href":"https:\/\/www.questionpro.com\/blog\/wp-json\/wp\/v2\/posts\/99261\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.questionpro.com\/blog\/wp-json\/wp\/v2\/media\/123153"}],"wp:attachment":[{"href":"https:\/\/www.questionpro.com\/blog\/wp-json\/wp\/v2\/media?parent=99261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.questionpro.com\/blog\/wp-json\/wp\/v2\/categories?post=99261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.questionpro.com\/blog\/wp-json\/wp\/v2\/tags?post=99261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}