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Published 4 years ago

Yelp data shows 60% of business closures due to the coronavirus pandemic are now permanent

Summary by CNBC
Yelp on Wednesday released its latest Economic Average report, revealing business closures across the U.S. are increasing as a result of the coronavirus.

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CNBCCNBC

Yelp data shows 60% of business closures due to the coronavirus pandemic are now permanent

Yelp on Wednesday released its latest Economic Average report, revealing business closures across the U.S. are increasing as a result of the coronavirus.

4 years ago·United States
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The HillThe Hill

Yelp: 60 percent of US businesses closures since March are permanent

A Yelp report released Wednesday determined that about 60 percent of business closures across the country since March are permanent, a staggering statistic that shows the widespread economic impact of the coronaviru

4 years ago·Washington, United States
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Washington ExaminerWashington Examiner

Yelp: 60% of business closures since March are permanent

Sixty percent of the business closures since the pandemic hit in March are permanent, according to online business reviewer Yelp.

4 years ago·Washington, United States
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NY Daily NewsNY Daily News

60% of U.S. businesses closed during pandemic have shuttered permanently, Yelp says

About 60% of U.S. businesses that have closed since the start of the coronavirus pandemic have folded permanently, according to a report released by Yelp on Wednesday.

4 years ago·New York, United States
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The Daily CallerThe Daily Caller

More Than Half Of Business Closures Caused By Economic Lockdowns Are Permanent, Yelp Data Show

More than half of American businesses that closed down due to economic lockdowns are permanently shuttered.

4 years ago·Washington, United States
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The Gateway PunditThe Gateway Pundit

GONE FOREVER: Yelp Data Shows 60% Of Business Closures Due To COVID-19 Are Now Permanent

A majority of businesses that shut down during the COVID-19 over-reaction by government officials will never reopen.“As of Aug, 31, 163,735 businesses have indicated on Yelp that they have closed. That’s down from the 180,000 that closed at the very beginning of the pandemic. However, it actually shows a 23% increase in the number of closures since mid-July,” CNBC reports.In addition to monitoring closed businesses, Yelp also takes into account …

4 years ago·United States
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