American ingenuity and innovation is back in businesses. Entrepreneurship is booming in the United States. According to the World Economic Forum , total U.S. Business applications doubled in 2020 compared to recent years. In 2021 alone, a record breaking 5.4 million new business applications were filed, and nearly as many 5.1 million were filed in 2022. For each state the interactive map below tracks: The increase in new business applications since 2019 State’s ranking of business applications per capita in each state Number of new business applications filed in 2022 The projected business formations within four quarters Percentage of applications projected to become employer businesses New Business Applications by State Click on a state for more details. The Census Bureau’s projected business formations are based on a forward-looking econometric model . This model estimates the likelihood a business application turns into a full-fledged business utilizing data and trends from the preceding four quarters and eight quarters from the month of application. A complete list of the Bureau’s business formation statistics definitions can be viewed here . Download the national, state, and county business formation data here . Where did this spike in new businesses originate? Entrepreneurs solve problems, and […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
