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East Montgomery Times

Friday, November 15, 2024

Montgomery County sees 50% decrease in number of business licenses issued in week ending June 17

Genbusiness006

There was one business license issued in Montgomery County County in the week ending June 17 in Pennsylvania, according to the Pennsylvania Department of State.

This is a 50 percent decrease from the previous week when there were two 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 June 17Issued in week ending June 10Percentage change (%)
Allegheny County220%
Berks County20-
Bucks County42100%
Chester County41300%
Delaware County21100%
Lehigh County10-
Luzerne County110%
Montgomery County12-50%
Northumberland County10-
Philadelphia County8560%

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