On December 9, 2020, ISD and collaborators released a report with findings on the small business response to COVID-19 in the County and City of Los Angeles. This report was the result of collaboration between the County of Los Angeles, the City of Los Angeles, the Los Angeles Chamber of Commerce, LISC LA, LA County Economic Development Corporation, and the Dr. Lucy Jones Center for Science and Society, with the generous support of Wells Fargo.

On January 11, 2019, almost a year to the day after the end of the Thomas Fire, ISD released its first report on lessons learned about small business recovery with the generous support of Wells Fargo.

Findings include:

  • The surge of emergency funds, insurance pay-outs, public assistance funding can make a local economy look like it’s doing well, but one time repairs can disguise the weakness of the underlying “normal” economy.

  • Resilience and recovery funds can help small businesses bridge the transition period until regular customer patterns are restored.