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Accountants

COVID-19: Businesses Closing Here Faster Than Most States COVID-19: Businesses Closing Here Faster Than Most States
Covid-19: Businesses Closing Here Faster Than Most States For every 1,000 residents in Massachusetts, 5 businesses have been permanently closed by COVID-19. Massachusetts is the state with the 15th highest rate of permanent closures per person in the nation. For every 1,000 residents, a little over 5 businesses have closed permanently - about 34,400 businesses. The highest rate is in Hawaii where 9.4 businesses have permanently closed per 1,000 residents. Businesses that closed temporarily during the COVID-19 pandemic are increasingly announcing that they will not ever reopen. Of the 163,000 businesses across the U.S. that closed for COVID-19, …