Yelp is using its data to evaluate the American economy — and it says these businesses are in a slump

  • Businesses across the United States might be stuck in the middle of a slump.
  • That’s according to data that Yelp compiled based on store openings and closings and the preferences of its millions of users.
  • The Yelp Economic Average found that gas stations proved to be the one major exception to the trend.

The state of business in the US isn’t just about the stock market or GDP.

That’s the impetus behind Yelp’s latest creation, the Yelp Economic Average. The YEA digs deeper into how different types of companies are doing throughout the country. To compile its findings, Yelp drew on data from its 34 million monthly app users and its 75 million monthly mobile web users.

Read more: 11 brands that shoppers are obsessed with, from body wash to paper towels

The Yelp Economic Average also takes into account seasonal fluctuations, business openings and closings, and consumer demand on Yelp. Consumer demand takes into account Yelp user engagement with different businesses, like page views, searches, ratings and reviews, and check-ins.

As a benchmark, the last quarter of 2016 was assigned a score of 100. Overall, the third quarter of 2018 received a score of 100.7 from Yelp, while the fourth quarter saw a drop down to 98.5.

The numbers show that, aside from gas stations, many kinds of businesses may have fallen into a bit of a slump in 2018.

Here’s a look at how different kinds of businesses did throughout the country:


Accounting firms

Justin Sullivan/Getty Images

Yelp Economic Average score change: -12.6 points


American-style restaurants

Yelp Economic Average score change: -1.1 points


Appliances

Hero Images/Getty Images

Yelp Economic Average score change: -1.8 points


Appliance repair shops

Brian Lawdermilk/AP Photos

Yelp Economic Average score change: -4.1%


Auto repair

Yelp Economic Average score change: -1.7%


Bakeries

Justin Sullivan/Getty Images

Yelp Economic Average score change: -1.4%


Breakfast and brunch places

Yelp Economic Average score change: -4.4 points


Cafés

Justin Sullivan/Getty Images

Yelp Economic Average score change: -1.1 points


Computer stores

Brian Kersey/Getty Images

Yelp Economic Average score change: -1.1 points


Courier services

Melia Robinson

Yelp Economic Average score change: -3 points


Divorce and family law firms

Shutterstock/Andrey Popov

Yelp Economic Average score change: -0.6 points


Employment agencies

Yelp Economic Average score change: -2.2 points


Flooring businesses

Benjamin Clapp/Shutterstock

Yelp Economic Average score change: -3.3 points


Gas stations

Joe Raedle/Getty Images

Yelp Economic Average score change: 0.9 points


Grocery

Justin Sullivan/Getty Images

Yelp Economic Average score change: -1.4 points


Ice cream and frozen yogurt

Aly Weisman/Business Insider

Yelp Economic Average score change: -1.4 points


Interior designers

Yelp Economic Average score change: -3.1 points


IT businesses

Sorbis/Shutterstock

Yelp Economic Average score change: -2.5 points


Junk removal and hauling

Yelp Economic Average score change: -7 points


Lounges

Billy H.C. Kwok/Getty Images

Yelp Economic Average score change: -1.2 points


Mobile phones

Spencer Platt/Getty Images

Yelp Economic Average score change: -2.1 points


Office cleaning businesses

Andrew Burton / Stringer / Getty Images

Yelp Economic Average score change: -12.8 points


Personal injury law firms

Tim Boyle/Getty Images

Yelp Economic Average score change: -3.9 points


Real estate firms

AnnaTamila/Shutterstock

Yelp Economic Average score change: -4.2 points


Real estate law firms

Thomas H. Mitchell/Getty Images

Yelp Economic Average score change: -0.4 points


Salad restaurants

Yelp Economic Average score change: -3.2 points


Sandwich shops

Hollis Johnson

Yelp Economic Average score change: -2.2 points


Shoe stores

Yelp Economic Average score change: -1.7 points


Sporting goods stores

Business Insider/Jessica Tyler

Yelp Economic Average score change: -0.1 points


Tree service companies

Yelp Economic Average score change: -5.8 points

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