In downtown Rutland, which has long been working to fill a number of vacant storefronts, six businesses closed during Covid-19. Some closed because of the financial constraints that came with the time, and others were already on their way out, local business leaders say. However, those leaders are also feeling optimistic: Nine businesses have opened in downtown Rutland, or relocated there, since the pandemic began, and no businesses have closed so far in 2021.
Signs of expansion in the area have given many the feeling that the economy is trending upward. There’s interest in doing business in the city. There have many referrals and more people visiting the Chamber’s small business development adviser. Particularly, there have been questions about storefronts and companies like General Electric are hiring again, which is a good sign that things are looking better.
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Resource: Downtown Rutland businesses begin to emerge from pandemic economy by Emma Cotton in VTDigger.