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Covid-19: College-Town Businesses More Likely To Stay Closed
College town businesses that closed due to COVID-19 conditions are 24 percent more likely to stay permanently closed once the virus is gone compared to communities without institutions of higher education, according to a recent Yelp analysis.
Northern Connecticut and Western Massachusetts are home to many communities with economies that depend on business serving higher education institutions and people - especially:
- Worcester, MA: (Clark University, Worcester Polytechnic Institute, Assumption College, UMass Worcester, Becker College, etc.),
- Hartford, CT: (Hartford University, Trinity…