Arizona ranked seventh in the country for states with the most small businesses affected by coronavirus, according to a study by personal finance website WalletHub.
The study evaluated each state based on three main categories: impact and access to resources, small-business financial conditions and business environment and workforce support conditions. Hawaii ranked first overall, followed by Nevada and South Dakota.
According to the study, 46% of Arizona small businesses are operating in industries highly affected by the coronavirus.
Arizona also ranked 12th in a previous study for states with the biggest increase in unemployment due to coronavirus.
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