Topic: Economic Data
44 posts in Economic Data
2023 US business openings on track to beat last year’s all-time high, led by hotels & travel and home services businesses
As recent reports have indicated positive momentum for the US economy – from GDP increasing, unemployment decreasing, and inflation dropping from last year’s high – entrepreneurs are on track to…
Q3 Yelp Economic Average finds that consumers’ inflation experiences intensify across the U.S., people increasingly turn to budget options
Local businesses and communities now face a new set of challenges in addition to the lingering impacts of the pandemic, from continuing supply chain issues and delays, workforce shortages and…
Yelp data finds business growth in non-downtowns surpasses business growth in office-centric downtowns of cities across the U.S.
The pandemic resulted in significant changes to how Americans work and where they live, with many companies transitioning to remote work. As companies begin to permanently commit to a hybrid…
Q2 Yelp Economic Average finds consumers are experiencing inflation at record rates, reporting new experiences of shrinkflation and waiting longer than ever for reservations
If the last few years have demonstrated anything it’s the resilience of local businesses, people and communities in the U.S. and across the world. When given the opportunity communities have…
New business openings signal strong economic recovery while consumer behavior highlights rising inflation in Q1, according to the Yelp Economic Average
Several key economic indicators signal the U.S. economy has significantly recovered frompandemic lows and will continue to improve. However, some obstacles including rising food and gas prices are creating some…
More than 5 in 6 temporarily closed businesses reopen as local economies adapt to operating during the pandemic, according to the Yelp Economic Average
Economic activity in the first half of 2021 indicated the US is recovering from the pandemic lows of 2020. After a surge in COVID cases in Q3, the impact of…