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Number of Businesses in New York City Plunged Last Spring, Report Says

Roughly 8,400 businesses closed in the second quarter of 2025, according to the most recent city data, creating the largest net decline in business activity since before the pandemic. [Source]

Publication Date:

Origin: nytimes.com

Category: New York City

Topics: pandemic, since, activity, business, decline, largest, creating, recent, according, quarter, second, closed, businesses, Roughly, Report, Spring, Plunged, Businesses, Number

Source: https://www.nytimes.com/2026/01/15/nyregion/business-closures-nyc-economy.html