Here’s why it’s always a good time to start a business, despite inflation, layoffs, and a possible recession

Americans created 10.5 million businesses in 2021 and 2022. Americans created 10.5 million businesses in the last two years, according to Census Bureau data. That momentum is expected to continue in 2023, despite inflation, layoffs, and recession fears. If a recession does play out, many entrepreneurs will be well positioned to weather a downturn. Sign up for our weekday newsletter, packed with original analysis, news, and trends — delivered right to your inbox. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . Americans created 10.5 million new businesses in the last two years, according to Census Bureau data . Experts say that momentum could continue in 2023, despite inflation, layoffs, and fears of a possible recession . After all, people have historically started more businesses during recessions . "We’re in a period of a relatively strong economy," said Lawrence White, an economics professor at New York University. "I think we’re going to continue to see a strong pattern […]

You may also like...