Yelp data shows almost half a million new businesses opened during the pandemic
Since the World Health Organization declared the coronavirus a pandemic one year ago Thursday, new Yelp data showed nearly a half million businesses opened in America during that time, an optimistic sign of the state of the U.S. economic recovery.
Between March 11, 2020 and March 1, 2021, Yelp has seen more than 487,500 new businesses listing on its platform in the United States. That’s down just 14% compared with the year-ago period. More than 15% of the new entities were restaurant and food businesses.
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Of the almost half million new businesses that have opened, about 59% were within the “professional, local, home and auto” category on Yelp.
“The number of new business openings — particularly the high number of new home, local, professional and auto services businesses — also shows great potential for those industries in the future,” Norman said.
https://www.cnbc.com/2021/03/11/yelp-data-shows-almost-half-a-million-new-businesses-opened-during-the-pandemic.html
