New Business Openings Surpassing Pre-Pandemic Levels: Yelp
More than five in six businesses that closed temporarily after the start of the COVID-19 pandemic have since reopened, reported Yelp Wednesday. Yelp also counted nearly 439,100 new business openings in the first nine months of 2021, about 1.4% above…
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pre-pandemic levels for the same period of 2019. “The strong number of reopened businesses combined with the high volume of new business openings is evidence that the economy continues to recover from pandemic lows,” said Justin Norman, Yelp vice president-data science.