Understanding the full business impact of the coronavirus pandemic
![An artists impression of COVID-19 virus and decorative charts](https://blog.ons.gov.uk/wp-content/uploads/sites/6/2020/08/shutterstock_1686019513-630x470.jpg)
Statistics on the number of business creations and closures are important indicators of the health of the economy. However, the different measures of creation and closure can paint a complex picture. Josh Martin describes some new ways we’re measuring this important metric to support understanding of the longer-run impact of the COVID-19 pandemic on the economy.
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