The number of new business openings fluctuated throughout the first years of the COVID-19 pandemic. Before the pandemic began in March 2020, between 134,000 and 151,000 new business were opening each quarter in the United States. In the first quarter of 2020, this number dropped to just over 105,000 new businesses. 2022 saw the number of new business openings reach record highs.
Quarterly number of new business openings during COVID-19 pandemic in the United States from the first quarter of 2019 to the fourth quarter of 2022
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Yelp. (January 24, 2023). Quarterly number of new business openings during COVID-19 pandemic in the United States from the first quarter of 2019 to the fourth quarter of 2022 [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1373374/business-openings-during-covid-quarterly-us/
Yelp. "Quarterly number of new business openings during COVID-19 pandemic in the United States from the first quarter of 2019 to the fourth quarter of 2022." Chart. January 24, 2023. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1373374/business-openings-during-covid-quarterly-us/
Yelp. (2023). Quarterly number of new business openings during COVID-19 pandemic in the United States from the first quarter of 2019 to the fourth quarter of 2022. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1373374/business-openings-during-covid-quarterly-us/
Yelp. "Quarterly Number of New Business Openings during Covid-19 Pandemic in The United States from The First Quarter of 2019 to The Fourth Quarter of 2022." Statista, Statista Inc., 24 Jan 2023, https://www.statista.com/statistics/1373374/business-openings-during-covid-quarterly-us/
Yelp, Quarterly number of new business openings during COVID-19 pandemic in the United States from the first quarter of 2019 to the fourth quarter of 2022 Statista, https://www.statista.com/statistics/1373374/business-openings-during-covid-quarterly-us/ (last visited November 05, 2024)
Quarterly number of new business openings during COVID-19 pandemic in the United States from the first quarter of 2019 to the fourth quarter of 2022 [Graph], Yelp, January 24, 2023. [Online]. Available: https://www.statista.com/statistics/1373374/business-openings-during-covid-quarterly-us/