Almost 60 percent of business closures are now permanent, new Yelp data shows

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Almost 60% of business closures are now permanent, new Yelp data shows.

“Consumers still need these services,” Norman said. “Through the rise of virtual consultations, and contactless or socially distanced services, these businesses have been particularly resilient during this time.”

Norman noted that policy changes in the coming weeks and months could have an impact on whether these closures turn permanent. “The continued rollout of indoor dining, especially in metros like New York City, will be worth watching as it will be critical for businesses to maintain the right balance of practicing social distancing and other responsible safety measures to ensure they can stay open.”

The report showed a surprising month-over-month increase in permanent closures for beauty businesses — since July, about 42 percent more businesses were indicated as permanently closed. “Due to the pandemic, these states were greatly impacted by travel restrictions and also face high rates of unemployment,” Norman said. “These states are also home to the hardest-hit metro areas, including Las Vegas, Honolulu and several of the largest California urban areas like San Diego, San Francisco, San Jose and Los Angeles.”

 

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House democrats had a bill waiting for Moscow Mitch to bring to vote three months ago to help small businesses unemployed States & more blame GOP for delays that have made it a lot worse!

Democrats don’t care. They don’t own businesses or work anyway.

docrocktex26 Great.. .😡😡😡

Covid 19 is mongolian biology weapon and chemical weapon.mongolia want to build great Mongolia again.mongolian criminal pig Tumur want to be own of the world same like Chingis khan. Only in mongolia no Covid 19.mongolia using to my house biology,chemical weapon Covid19.

there will be new business opens. it's the nature of life.

And for what? To try and crash the economy to get rid of Trump. That’s the deep state. That’s how this works.

TrumpEconomy

lynn1219 Did all the other countries lose 60% of their businesses permanently? I don’t think so. Thanks Republicans.

There were a lot of crap restaurants that were skating by on illegal labor practices and tips before the pandemic. Hopefully this will strengthen the better restaurants.

This is beyond sad... people’s livelihoods ruined. End the lock downs.

How many of these businesses were flimflam idea-first-business-model-last venture capitalist money making schemes?

VOTE FOR JOE BIDEN… Make America a Friendly Place Again!

I always said along.....

Create a pandemic. Sink the economy. Complete the NWO.

So very sad.

Making America so great again.

MaElena06 Madres, que dato!!!

What a shame ! [though, I could always do without the bagels.]

Impeached trump’s fault! Republican Senators Fault! dumpgop

Wow.

Tragic

Thanks Democrats

This needs to be shared as much as possible.

But Trump said the economy was great. And we have a SUPER V recovery. In reality it's looking like a K recovery

So sad. Support your local vendors!

Liberals are willing to go to 100% while clutching their masks and screaming “Russia!”

Boomers finally packing it in and making room for the next generation to fill consumer's needs...

Who believes the local news 🤪

Wear a mask You'll help save lives AND you'll help keep businesses open

ETTD

From flatten the curve to flatten the future. Good job democrats 👍

This is obviously all Joe Biden's fault. Just ask realDonaldTrump It's Joe's fault that we don't have a mask mandate too. lololololol

Well done TheDemocrats

All this means is that they were reliant on corporate welfare and it ran out.

Trumponimics means hungry & homeless with no job or medical care. Don't believe the gop propaganda machine of hate & disinformation.

This virus alllllmost worked. Sorry deep state. You killed many people and businesses but those still standing are gonna be a bitch to deal with...

What a disastrous domino effect trump started by not warning us about the virus in Jan.

We will never know the level of destruction Trump has brought upon this country for years. I’m sure they are padding all figures for now.

Thanks, Donald.

JaneGI309 Call Trump HeKnew

Thanks to Democratic governors!!

Raul Segea, Detriot. He's at 061248 in their underground. Peter Smith, Bel Aire, he's at 119214 in a cafe and Dick Rogers, Miami, soxpfx he's deceased.

Thanks to ShitHoleTrump’s disastrous COVID response! WoodwardTapes TrumpVirus

I know we are bleeding businesses here in California.

SteveSisolak GovSisolak ClarkCountyNV

First China virus, then Democratic politicians. Not sure which is worse.

New businesses are opening everyday too dont listen to yelp!

I guess the press and DEMACRATS got what you wanted. You're disgusting helping to take this country down out of hate. Do away with the press permanently.

Maybe there was a pandemic? Or maybe it was those Governors that shut down everything and then deemed what they thought was essential to allowed to be opened?

Blame China! Chinese Doctor: 'Covid-19 was Made by Chinese Military' Immediately CENSORED!

Trump is a coward. We need COVID leadership.

Why did Trump tell everyone to drink bleach?

Thanks Democrats!

Great job Democrat

🤦‍♂️

Trumptastic

Harris / Biden 2020 !

How is it possible that Democrats have screwed up the West coast as bad as they have Some of the most beautiful parts of our country have literally been turned into hell on earth by Democrat bullshit!!

Governors responsible for state lockdowns. The top 5 states with the most permanent business closures all run by Democrats. Coincidence?

anblanx If you take out the businesses in blue states, it's not looking so bad.😨

Gotta love capitalism!

And where is our ilustrious supreme leader and president? What is he doing about all these businesses closing and farmers in trouble? He is supposed to serve and help his American people and not just enrich himself.

Something to consider: 'Healing the planet, healing the socio-economic system(s), healing our communities and the individuals within them cannot be accomplished by the old ways – historic, habitual remedies rooted in division, manipulation and control.'

realDonaldTrump You own this!

Thanks TheDemocrats NYGovCuomo NYCMayor COVID19 SmallBusiness

Most All of the black businesses that were burnt down by BLM and Antifa are permanently closed also.

Agree I closed mine as well.... Thanks Trump!

Imagine a world without any money, where people provided services and helped one another freely, simply because it's the way we all want to be treated. That is what the kingdom of heaven is.

Great job Dems 👍 a Chinese virus whooped our economy.

you over consume, murica this proves it

thank your democrat governor

Newsflash.. 90% of ALL businesses go under in the first year... Any year..

WUHAN/Shi Zhengli's experiments GM-ing animals & viruses, is what makes opportunity for mishandling/mistakes, leading to pandemics. We need to stop experimentation on animals & into GM. We need to learn gently from nature, not forcibly tamper w/ it.

Maybe in the Commie states. MAGA state’s aren’t crushing businesses

Trump says economy is coming back but small business and employment is not going down. My job was eliminated but no jobs are open.

Good job Democrats!! We know you want us to remain shut down so you can make us reliant on big government

It’s a a shame Democrats succeeded in destroying the economy

Bummer.

And the cause is the TrumpVirus and his complete incompetence

I voted for trump because he said 60% of businesses that closed wouldn’t be permanent. Another trump promise not kept I guess.

Are you happy yet NBC

Due to the terrible response by Trump. Only cares about himself

KattyKay_ and JoeBiden backed by the head up his ass media wants to shut it down even more.

TrumpIsBankruptingAmerica TrumpIsBankruptingAmerica TrumpIsBankruptingAmerica TrumpIsBankruptingAmerica TrumpIsBankruptingAmerica TrumpIsBankruptingAmerica

Definitely trumps fault

Ok DNC, let's get some commercials going informing the public of this travesty that didn't need to happen. Don't let me have tell the ProjectLincoln. They know what to do!

This is unacceptable I've been screaming this for weeks.. that's how I knew the unemployment numbers we're being manipulated

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Yelp data shows 60% of business closures due to the coronavirus pandemic are now permanentYelp on Wednesday released its latest Economic Average report, revealing business closures across the U.S. are increasing as a result of the coronavirus. Yelp Fire jim Cramer. FireCramer Yelp The greatest economy ever. Yelp Thanks democrats.
Source: CNBC - 🏆 12. / 72 Read more »