The analysis provides insights into trends and patterns across various metrics related to legal filings and new restaurant activity over 4.5 years since the pandemic shutdown began in March, 2020:
- Trend Observations:
- DBA and Incs/LLCs: Both “DBA” and “Incs & LLCs” filings exhibit fluctuating trends, with “Incs & LLCs” generally showing higher variability.
- Combined Alcohol Permits vs *Total Raw: Alcohol permits remain steady over time, while “Total Raw” shows larger fluctuations.
- Net New Restaurant Openings: This metric has steady growth with periodic peaks.
- Summary Statistics Per Week:
- DBA Filings: Average of ~452, with a range from 113 to 1108, showing considerable variability.
- Incs/LLCs Filings: Average of ~439, with a range from 84 to 1152.
- Combined Alcohol Permits: Average of ~178, range from 57 to 400.
- Total Raw: Average of ~1067, with a wide range from 308 to 2166.
- Net New Restaurant Openings: Average of ~531, ranging from 265 to 870, with moderate variability.
*Total Raw represents the pre-vetted aggregate count of legal filings, encompassing DBAs, LLCs, state incorporations, alcohol and building permit filings.