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Yelp data shows almost half a million new businesses opened during the pandemic

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People order breakfast at Bill Smith’s Cafe, after Texas Governor Greg Abbott issued a rollback of coronavirus disease (COVID-19) restrictions in McKinney, Texas, March 10, 2021.

Shelby Tauber | Reuters

Since the World Health Organization declared the coronavirus a pandemic one year ago Thursday, new Yelp data showed nearly a half million businesses opened in America during that time, an optimistic sign of the state of the U.S. economic recovery.

Between March 11, 2020 and March 1, 2021, Yelp has seen more than 487,500 new businesses listing on its platform in the United States. That’s down just 14% compared with the year-ago period. More than 15% of the new entities were restaurant and…



Source cnbc.com

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