ColonelAngus
Diamond Member
- Feb 25, 2015
- 51,992
- 51,876
- 3,615
This transfer of wealth from middle class small business owners to EVIL BIG CORPORATIONS like WALMART and AMAZON has been really really bad for this nation.
According to new data released from Yelp, 60 percent of businesses that shut down during the coronavirus pandemic are now permanently closed.
Many could not recover after long months of businesses being forced to stay closed due to unconstitutional orders imposed by governors across multiple states. According to Yelp’s Economic Impact Report, as of August 31, approximately 163,735 were closed, down from 180,000 businesses that reported being closed at the beginning of the pandemic. However, the number is up by 23 percent from the number of closures in mid-July.
The report also monitors businesses that have permanently shut their doors. That number has been steadily increasing over the past six months. Currently, 97,966 businesses have closed permanently since the beginning of the pandemic. That represents 60 percent of companies that will not be reopening their doors.
John Di Lemme - Di Lemme Development Group
Motivational Speaker, Business Coach & Real Estate Expert
www.conservativebusinessjournal.com
According to new data released from Yelp, 60 percent of businesses that shut down during the coronavirus pandemic are now permanently closed.
Many could not recover after long months of businesses being forced to stay closed due to unconstitutional orders imposed by governors across multiple states. According to Yelp’s Economic Impact Report, as of August 31, approximately 163,735 were closed, down from 180,000 businesses that reported being closed at the beginning of the pandemic. However, the number is up by 23 percent from the number of closures in mid-July.
The report also monitors businesses that have permanently shut their doors. That number has been steadily increasing over the past six months. Currently, 97,966 businesses have closed permanently since the beginning of the pandemic. That represents 60 percent of companies that will not be reopening their doors.