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.
“Overall, Yelp’s data shows that business closures have continued to rise with a 34% increase in permanent closures since our last report in mid-July,” – Justin Norman, VP of data science at Yelp.
The Communist Democrat Party, CDP, is radically transforming America so fast that most Americans have no idea what's happening & when they find out it will be too late.
The US economy is already on the verge of collapse from the devastating covid shutdowns.
— Marjorie Taylor Greene 🇺🇸 (@mtgreenee) September 19, 2021
The coronavirus mandates have cost numerous business owners their livelihoods and their abilities to support themselves and their families. Yet, the government doesn’t seem to care about the impact the mandates have on people’s lives. They continue to enforce unconstitutional orders regardless of the price the American people will have to pay. It’s not about saving lives; it’s about power. In the end, the mandates have hurt more lives than they have saved, but the government doesn’t want the American people to know that side of the story.