More Than Half Of Temporary Business Closures Now Permanent On Yelp

said Wednesday that 55% of U.S. businesses on the platform marked “temporary closed” are now “permanently closed,” a shocking statistic as local establishments likely struggle to stay afloat with social distance restrictions, mandatory closures and fearful consumers.... [+]The largest number of closures on Yelp are in the states with the highest numbers of Covid-19 cases: California, New York and Texas.

Las Vegas is the U.S. city with the most permanently closed businesses due to the drop in tourism, Yelp said. On a slightly positive note, the number of permanently closed businesses has decreased by 14% from June—with 66,290 businesses permanently closed on July 10. Restaurants are the most-closed businesses with 26,160 closures nationwide, though retail establishments are a close second at 26,119.

Yelp says that the rise of consumer activity on the platform in May correlates with increased Covid-19 cases in June: “As people began resuming common pre-pandemic activities across states like Florida, Nevada, South Carolina, Texas, Georgia and others—specifically frequenting restaurants, bars and nightlife, and gyms—a clear spike in Covid-19 cases within those locations followed,” says the report.

Not good. Jobs and tax revenue gone. We will need an oligarch tax to make up for it.

Great job Government. You wrecked small businesses. People’s lives. It’s not your job to pick and choose who can stay open. Educate, advise, and let people/businesses make their own choice on what to do. Stay the F out of deciding who can stay open

but what bout em confederate monuments

SHEEPLE 45👎

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