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Yelp data shows more than half million new businesses opened in the past year – CNBC

“After a challenging year, 2021 is off to an encouraging start for the local economy,” Yelp data scientist Justin Norman told CNBC.

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Kevin Kahovec and Mary Kate McGovern chat at Rizzo’s Bar & Inn in Wrigleyville as coronavirus disease (COVID-19) restrictions are relaxed in Chicago, Illinois, March 6, 2021.
More than 500,000 new businesses opened across the United States in the past year, new data from Yelp showed, as the economy recovered from the depths of the Covid pandemic.
In its Economic Average Report, released Wednesday and compiled from the listings on its service, Yelp saw 516,754 new business openings from April 1,…

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