Economic Data Archives

News

New Study From FTC Economist Compares Yelp Review Quality with Competitors

October 30, 2020

Yelp exists to empower and protect consumers. It’s why millions of people come to our platform every day — the reviews and ratings on Yelp are consistently good predictors of…

News

Yelp Economic Average Shows New Restaurant and Food Businesses are Opening, Business Reopenings Rise Across the Country

October 22, 2020

Our Q3 Yelp Economic Average report reveals the dramatic impact COVID-19 has had on local economies, uncovering the resilience of local businesses across the country.

News

Yelp: Local Economic Impact Report

September 16, 2020

Since the first fears of the pandemic emerged in the U.S. in early March, businesses across the nation have endured six months of uncertainty. Yet, businesses are adapting and proving…

News

Yelp Local Economic Impact Report: Back-to-School Edition

September 1, 2020

For the parents of school-age children, the coronavirus pandemic has made this year’s back to school season anything but routine.

News

Increased Consumer Interest in May Correlates with COVID-19 Hot Spots in June, According to the Yelp Economic Average

July 22, 2020

As cities reopen and COVID-19 cases continue to rise across the country, local governments have taken action, pivoting their reopening plans. Many businesses that eagerly reopened doors in June were…

News

Yelp: Local Economic Impact Report

June 24, 2020

Local economies around the U.S. have continued to change quickly and dramatically – states and cities are slowly reopening, unemployment rates are starting to decline from the recent all-time high,…

News

How the Coronavirus Pandemic Has Affected Local Businesses Around the Country

April 28, 2020

Business closures and rapid consumer reaction to the public-health threat added up to several hurricanes worth of local economic upheaval across the U.S.

News

Yelp: Coronavirus Economic Impact Report

April 16, 2020

Consumers are responding to fears of infection, social distancing recommendations, stay-at-home orders, and mandated business closures by changing their behavior around eating, shopping, planning their finances, managing their homes, new…

News

Local Economies’ 2019 Slump Looks Likely to Continue, According to Yelp’s Economic Average

January 23, 2020

Most local economies nationwide slumped in 2019, according to Yelp data, dragged down by weakness in restaurants and retail. As the local economy goes, so goes the national economy. The…

Community

Yelp reviews show a significant rise in consumer eco-consciousness

October 28, 2019

As the conversation around climate change heats up, consumers are increasingly taking note of the eco-friendly initiatives practiced at the businesses they’re patronizing. But we had to wonder, just how…

News

California’s Urban Centers Are Stagnating, According to Yelp’s Economic Average

October 22, 2019

Yelp’s Economic Indicator Is Up By 0.07% Nationally, A Possible Signal Of GDP Growth Yelp’s measure of the strength of local economies nationwide shows a modest rebound in the third…

Businesses

Study shows 97% of people make a purchase after visiting Yelp

October 11, 2019

When people discover a business on Yelp, they’re ready to buy, according to a recent survey. In fact, the study from SurveyMonkey found that 97% of people make a purchase…