Gas stations are thriving, but plenty of other businesses across the country have hit a slump, according to Yelp data

Gas station

Mic Smith/AP

Gas stations are the exception to the 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.Advertisement

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.
Advertisement

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

Accounting firms

Yelp Economic Average score change: -12.6%

American-style restaurants

American-style restaurants

Yelp Economic Average score change: -1.1%

Advertisement

Appliances

Appliances

Yelp Economic Average score change: -1.8%

Appliance repair shops

Appliance repair shops

Yelp Economic Average score change: -4.1%

Advertisement

Auto repair

Auto repair

Yelp Economic Average score change: -1.7%

Bakeries

Bakeries

Yelp Economic Average score change: -1.4%

Advertisement

Breakfast and brunch places

Breakfast and brunch places

Yelp Economic Average score change: -4.4%

Cafés

Cafés

Yelp Economic Average score change: -1.1%

Advertisement

Computer stores

Computer stores

Yelp Economic Average score change: -1.1%

Courier services

Courier services

Yelp Economic Average score change: -3%

Advertisement

Divorce and family law firms

Divorce and family law firms

Yelp Economic Average score change: -0.6%

Employment agencies

Employment agencies

Yelp Economic Average score change: -2.2%

Advertisement

Flooring businesses

Flooring businesses

Yelp Economic Average score change: -3.3%

Gas stations

Gas stations

Yelp Economic Average score change: 0.9%

Advertisement

Grocery

Grocery

Yelp Economic Average score change: -1.4%

Ice cream and frozen yogurt

Ice cream and frozen yogurt

Yelp Economic Average score change: -1.4%

Advertisement

Interior designers

Interior designers

Yelp Economic Average score change: -3.1%

IT businesses

IT businesses

Yelp Economic Average score change: -2.5%

Advertisement

Junk removal and hauling

Junk removal and hauling

Yelp Economic Average score change: -7%

Lounges

Lounges

Yelp Economic Average score change: -1.2%

Advertisement

Mobile phones

Mobile phones

Yelp Economic Average score change: -2.1%

Office cleaning businesses

Office cleaning businesses

Yelp Economic Average score change: -12.8%

Advertisement

Personal injury law firms

Personal injury law firms

Yelp Economic Average score change: -3.9%

Real estate firms

Real estate firms

Yelp Economic Average score change: -4.2%

Advertisement

Real estate law firms

Real estate law firms

Yelp Economic Average score change: -0.4%

Salad restaurants

Salad restaurants

Yelp Economic Average score change: -3.2%

Advertisement

Sandwich shops

Sandwich shops

Yelp Economic Average score change: -2.2%

Shoe stores

Shoe stores

Yelp Economic Average score change: -1.7%

Advertisement

Sporting goods stores

Sporting goods stores

Yelp Economic Average score change: -0.1%

Tree service companies

Tree service companies

Yelp Economic Average score change: -5.8%

Advertisement