More than 60,500 businesses reopened nationwide in 3 months: Yelp
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Despite uncertainty around the Delta variant, more than 60,500 businesses reopened nationwide last quarter – marking the highest volume of reopenings since last year, according to new Yelp data.
In April alone, there were 38,725 reopenings, which also marked the largest monthly volume of reopenings since May 2020, according to the Yelp Economic Average (YEA) report, which is a benchmark of local economic activity in the U.S.
That same month, the nation happened to reach its "peak vaccination rate" with about 3.4 million shots being administered on a daily basis, according to Yelp, which looked into vaccination data provided by the Centers for Disease Control and Prevention to see how it correlated to consumer interest.
Consumer interest, which illustrates how consumers are engaging with local businesses, can provide insight into how the local economy is recovering from the pandemic.
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Overall, restaurant and food establishments, as well as retail businesses, had the most significant number of reopenings over the three-month span with 22,441 and 13,700 locations reopening, respectively.
Although "business reopenings were strong across categories" the activities that were hindered by virus-related social distancing guidelines faced "substantial increases" during those three months, according to the report.
For instance, 592 gyms, 644 waxing salons, 1,214 hair salons, 1,385 brunch restaurants, 531 massage therapy and 275 cosmetic and beauty supply stores reopened from April to June.