Local businesses are the heartbeat of the city, providing jobs, diversions, products and services to locals and visitors alike. And while change is constant in business and the cycle of openings and closings can sometimes hide the bigger picture, business trends can help to measure the pulse of the city.
So Hoodline analyzed data from LA business pages on Yelp to see which business categories are gaining ground in the past month, which are on the decline, and what areas of the city may be seeing changes in the local business landscape.
It seems to have been a positive month for Los Angeles’s contractor businesses, with 54 new Yelp pages created in that category, including Empire Home Remodeling. That’s a 1.6 percent rate of growth for that type of operation. (Los Angeles already houses 3,478 contractor businesses.)
For comparison, the total number of retail and service businesses grew 0.9 percent citywide in the same time period, while total dining options in the city also grew 0.9 percent, again based on the rate of business pages created vs. pages marked as “closed” on Yelp.
The six businesses categories that saw the biggest gain or loss in Yelp business pages since January 2018. The bold line highlights the category that grew most in the past month. | GRAPHIC: HOODLINE
New business pages also indicate gains for real estate agents and eyelash services, based on a month-over-month analysis of Yelp data.
With seven new business pages appearing in downtown LA over the past month–the most among the city’s neighborhoods–the area was a hotbed of contractor activity (relatively speaking, of course).
To Read The Rest Of This Article By Hoodline on ABC 7 News Los Angeles
Published: December 13, 2018
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