Economic resilience during COVID-19: An insight from permanent business closures

Wei Zhai, Haoyu Yue

Research output: Contribution to journalArticlepeer-review

Abstract

The rapid spread of COVID-19 has damaged the economy in the United States. To understand the resilience capacities of local businesses, we visualized the spatiotemporal patterns of permanently closed Points of Interest (POIs) after the outbreak of the pandemic. The results show that the counties with more business closures are also the counties with a larger population. The permanent closures of most local businesses occurred immediately after the lift of stay-at-home order. We also found that those business owners, who permanently shut down their businesses, may not open new ones elsewhere. In addition, the permanent closures of entertainment and recreation businesses are significantly less than that of retail and trade businesses and food services.

Original languageEnglish
Pages (from-to)219-221
Number of pages3
JournalEnvironment and Planning A: Economy and Space
Volume54
Issue number2
Early online date19 Oct 2021
DOIs
Publication statusPublished - Mar 2022

Scopus Subject Areas

  • Geography, Planning and Development
  • Environmental Science (miscellaneous)

User-Defined Keywords

  • COVID-19
  • economic resilience
  • permanent business closures
  • points of interest

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