COVID Update – Through 5/12

Note – As businesses begin to reopen, these updates will now be published weekly on Wednesdays.

Economic Outlook

The stock market responds well to reopening efforts around the country, while businesses try to make the most of the new economic reality.

5/12/20 | Stocks Rise Slightly, Dow Up 100 Points As Reopening Of The Economy Continues

5/12/20 | Why The Pandemic Could Be An Opportunity For Entrepreneurs

5/12/20 | Due To COVID-19, Manufacturing Will Experience Five Years Of Innovation In The Next 18 Months

5/11/20 | White-collar companies race to be last to return to the office

5/8/20 | 200 CEOs predict how work and life will permanently change after the pandemic

Economic Relief Programs

As the PPP frenzy begins to slow during the second round of the program, focus shifts to PPP loan forgiveness and tax implications.

5/12/20 | Got a PPP loan? You might get hit with a bigger tax bill

5/12/20 | SBA, Treasury may change forgiveness rules, 8-week period for PPP borrowers, after all

5/12/20 | Here’s What You Can Do Now To Ensure Paycheck Protection Program Loan Forgiveness

5/9/20 | For maximum PPP loan forgiveness, here’s what Tampa Bay accountants recommend

Local Business Updates

Businesses in Tampa Bay and Jacksonville continue to open in accordance with Governor DeSantis’ guidelines. Jacksonville prepares to enter “Phase 2” of its city-wide reopening.

5/12/20 | Tampa Bay restaurants are open and hiring. Owners say they’re ready for more

5/12/20 | Coronavirus: Jacksonville’s work-from-home mandate to expire next week

5/11/20 | Coronavirus: St. Augustine launches mask program for businesses

5/10/20 | Reopening Jacksonville: Hair, nail salons and barber shops ready for customers

5/6/20 | Florida Matters: The (Maybe Not) Dismal Short-Term Future Of Tampa Bay Business

5/5/20 | What is open in Tampa Bay? We made a list

Strategy Resources

A selection of helpful strategic resources from Forbes, PRSA, and the Muma College of Business on how to shift businesses practices during this time of crisis.

5/10/20 | How To Reinvent Your Business To Survive A Recession

5/4/20 | Uncomfortable participating in virtual meetings? Here is some advice

5/1/20 | 6 Leadership Tips for the COVID-19 Crisis

Numbers as of End-of-Day 5/12/20

There have now been 41,923 cases throughout the state of Florida and 1,779 deaths.

Totals by county:

Duval: 1,186 cases and 29 deaths

Hillsborough: 1,473 cases and 41 deaths

Orange: 1,537 cases and 35 deaths

Pasco: 302 cases and 9 deaths

Pinellas: 909 cases and 62 deaths

Polk: 675 cases and 35 deaths