You’ll want to read this great report, The Kauffman Index of Entrepreneurial Activity, by Robert W. Fairlie (in PDF format). It was published in April of 2014, and includes research into entreprenuerial business-creation trends like:
- There was a drop in the rate of business creation since its heights during the Great Recession. In fact, the current level of business creation mirrors the level found in 2006.
- There are approximately 476,000 new business created each month in the USA.
- Entrepreneurial activity is highest in the western portion of the country, with San Francisco leading the pack.
- Rates of growth are highest in the construction and services industries.
This report is easy-to-read and decipher and is helpful for any small business owner to see the trends for the past few years.
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Category: Running a Strong & Efficient Business