Zitat A new economic impact report from Yelp shows that a majority of businesses on the platform that closed during the COVID-19 pandemic will not be reopening.
Data show a total of 163,735 businesses on Yelp closed between March 1 and August 31, when state-enforced lockdowns across the US began forcing businesses to close their doors. According to Yelp’s figures, 97,966 of those businesses (60 percent) will not be reopening.
“Overall, Yelp’s data shows that business closures have continued to rise with a 34% increase in permanent closures since our last report in mid-July,” Justin Norman, vice president of data science at Yelp, told CNBC.
The closures have not impacted all sectors of the economy equally, however. Yelp’s report shows that some professions—lawyers, architects, accountants, physicians, and real estate agents—have been able to weather the pandemic storm more effectively, representing just two to three businesses closed per thousand.
Demand for some local services has also remained high. Auto service providers, plumbers, and independent contractors have closed at higher rates than doctors and lawyers—representing six to seven business closures out of every thousand—but far lower than the five business sectors hit hardest: restaurants, bars, retail, fitness, and the beauty industry.
Should this dark scenario prove accurate, governors like Inslee, Brown, Newsome, Whitmer, Cuomo, and Murphy can leave office exulting in a job well done.
Ever since late May, peaceful protesters in Portland have been peacefully smashing, looting, robbing, and burning things in a desperate attempt to make their once-quaint mountain town resemble Mogadishu.~~TakiMag