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New Business Openings Exceed Pre-Pandemic Levels

Southern, Midwestern States See Largest Share of New Business Boom
CoStar News
July 28, 2021 | 9:15 P.M.

This economy is rebounding from the COVID-19 downturn at a solid pace. Many consumers appear ready to spend, and more people are fully vaccinated every day. That’s good news for small and medium-sized service and retail businesses that were affected by the pandemic. Around 15% to 20% of small businesses shut down during the health crisis, but many are beginning to reopen.

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