Nearly one third of small businesses in New York and New Jersey remain closed since January, according to a Harvard-run database that tracks the economic impact of the pandemic.
In New York, 27.8 percent of small businesses have not reopened, while 31.2 percent remain closed in New Jersey as of Nov. 16, according to TrackTheRecovery.org.
At the height of the pandemic-related lockdowns in April, over 50 percent of small businesses in the Empire State shut their doors, the data shows. And while a significant portion reopened in the several months that followed, that rebound flatlined around summertime, hovering around the 27 percent mark until now. New Jersey’s small business activity followed much the same dynamic.