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Yelp says 60% of business closures are permanent


Well-Known Member
Yelp on Wednesday released its latest Economic Average report, revealing business closures across the U.S. are increasing as a result of the coronavirus.
As of Aug, 31, 163,735 businesses have indicated on Yelp that they have closed, a 23% increase since mid-July.
According to Yelp data, permanent closures have reached 97,966, representing 60% of closed businesses that won't be reopening.