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Yelp Observes Changes in Restaurant Industry

Yelp Observes Changes in Restaurant Industry

In its latest economic outlook report, Yelp (YELP) stated that Charleston, South Carolina, recorded the fastest increase in the number of local businesses in 4Q17. Local business growth was slowest in San Jose, California, with high rents cited as one of the city’s growth inhibitors. In addition to looking at local business growth, Yelp took a closer look at the health of the restaurant industry and revealed a number of notable shifts.