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North Chester Today

Tuesday, December 17, 2024

Chester County sees 88.1% decrease in number of business licenses issued in Q1

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There were 18 business licenses issued in Chester County in the first quarter of 2023 in Pennsylvania, according to the Pennsylvania Department of State.

This is an 88.1 percent decrease from the previous quarter when there were 151 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 Q1 2023Issued in Q4 2022Percentage change (%)
Adams County514-64.3%
Allegheny County29284-89.8%
Armstrong County410-60%
Beaver County113-92.3%
Berks County844-81.8%
Blair County322-86.4%
Bradford County15-80%
Bucks County16169-90.5%
Butler County416-75%
Cambria County421-81%
Cameron County119-94.7%
Carbon County314-78.6%
Centre County424-83.3%
Chester County18151-88.1%
Clarion County19-88.9%
Clinton County25-60%
Crawford County513-61.5%
Cumberland County872-88.9%
Dauphin County16100-84%
Delaware County7124-94.4%
Elk County10-
Erie County760-88.3%
Fayette County19-88.9%
Franklin County520-75%
Greene County12-50%
Huntingdon County110-90%
Indiana County16-83.3%
Jefferson County25-60%
Juniata County21100%
Lackawanna County135-97.1%
Lancaster County2072-72.2%
Lebanon County38-62.5%
Lehigh County998-90.8%
Luzerne County147-97.9%
Lycoming County216-87.5%
Mercer County410-60%
Monroe County545-88.9%
Montgomery County24210-88.6%
Northampton County546-89.1%
Northumberland County211-81.8%
Perry County24-50%
Philadelphia County37806-95.4%
Pike County13-66.7%
Potter County15-80%
Schuylkill County215-86.7%
Snyder County12-50%
Susquehanna County23-33.3%
Tioga County37-57.1%
Union County27-71.4%
Venango County110%
Washington County133-97%
Wayne County217-88.2%
Westmoreland County942-78.6%
York County984-89.3%

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