Nearly 98,000 U.S. businesses have closed permanently in the six months from March 1 to Aug. 31, according to a running count kept by Yelp that relies on self-reporting by business owners, followed by a vetting by Yelp staff. That is 23% more than said so in mid-July.
An additional 65,000 businesses have closed temporarily, Yelp said.
Businesses set up as solo proprietors, especially in professional services, have withstood the coronavirus pandemic better than most, according to Yelp. On the other hand, restaurants and retail stores continue to suffer from high total closures nationwide.
As of Aug. 31, more than 32,000 restaurants reported themselves to Yelp as closed, with nearly 19,600 indicating that the closures were permanent. The kinds of restaurants with the highest closure totals were breakfast places, hamburger joints, sandwich shops and places specializing in desserts.
By contrast, pizza places, delis, food trucks and bakeries reported lower numbers
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