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East Montgomery Times

Thursday, October 31, 2024

Increasing number of Montgomery County business licenses issued in March

Genbusiness009

There was one business license issued in Montgomery County in March in Pennsylvania, according to the Pennsylvania Department of State.

This is an increase over the previous month when there were no 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 Month

CountyIssued in MarchIssued in FebruaryPercentage change (%)
Montgomery County10-
Philadelphia County110%

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