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Central Bucks Today

Tuesday, December 24, 2024

Bucks County sees 66.7% decrease in number of business licenses issued in week ending July 22

Genbusiness003

There was one business license issued in Bucks County County in the week ending July 22 in Pennsylvania, according to the Pennsylvania Department of State.

This is a 66.7 percent decrease from the previous week when there were three licenses issued.

Pennsylvania suffered a surge of unemployment and business closures due to the COVID-19 pandemic.

The average annual unemployment rate in the state more than doubled in 2020 to 9.1 percent. This was the highest annual unemployment rate in Pennsylvania since 2003. Since then, the unemployment rate has been decreasing, reaching 4.3 percent in early 2023.

Comparison of business licenses issued by County and Week

CountyIssued in week ending July 22Issued in week ending July 15Percentage change (%)
Allegheny County23-33.3%
Armstrong County10-
Berks County10-
Bucks County13-66.7%
Centre County10-
Dauphin County110%
Delaware County21100%
Lawrence County10-
Lehigh County10-
Montgomery County16-83.3%
Philadelphia County59-44.4%

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