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East Montgomery Times

Friday, November 15, 2024

Philadelphia County sees 32.6% decrease in number of business licenses issued in Q2

Genbusiness008

There were 126 business licenses issued in Philadelphia County in the second quarter of 2023 in Pennsylvania, according to the Pennsylvania Department of State.

This is a 32.6 percent decrease from the previous quarter when there were 187 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 Quarter

CountyIssued in Q2 2023Issued in Q1 2023Percentage change (%)
Adams County214-85.7%
Allegheny County39123-68.3%
Armstrong County26-66.7%
Beaver County27-71.4%
Berks County530-83.3%
Blair County14-75%
Bucks County3663-42.9%
Butler County28-75%
Cambria County39-66.7%
Cameron County440%
Carbon County16-83.3%
Centre County520-75%
Chester County2357-59.6%
Clinton County14-75%
Columbia County110%
Crawford County19-88.9%
Cumberland County830-73.3%
Dauphin County1136-69.4%
Delaware County1431-54.8%
Erie County619-68.4%
Fayette County13-66.7%
Forest County10-
Franklin County117-94.1%
Huntingdon County14-75%
Jefferson County14-75%
Lackawanna County11922.2%
Lancaster County1152-78.8%
Lawrence County5425%
Lebanon County15-80%
Lehigh County629-79.3%
Luzerne County715-53.3%
Lycoming County18-87.5%
Mercer County26-66.7%
Mifflin County13-66.7%
Monroe County411-63.6%
Montgomery County3388-62.5%
Northampton County418-77.8%
Northumberland County3250%
Perry County13-66.7%
Philadelphia County126187-32.6%
Schuylkill County48-50%
Snyder County220%
Somerset County110%
Susquehanna County15-80%
Union County19-88.9%
Venango County110%
Warren County10-
Washington County311-72.7%
Westmoreland County1122-50%
York County1533-54.5%

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