Survey: Sandy further weakened small biz hiring The Oct. 29 storm shut down thousands of small businesses along the East Coast, and a large number of companies are still closed and have laid off workers. [...] many residents have suffered heavy damage to their homes and aren't spending money at businesses in their communities. [...] many are waiting to see the outcome of negotiations in Congress on what's called the "fiscal cliff," the combination of tax increases and budget cuts scheduled to take effect Jan.