New Statistics On Business Formation

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Real Estate

This is a brand NEW statistic the U.S. Census Bureau has put together that will be very useful!  Business Formation Statistics. Below is a link to a Google Drive file with a PDF that will explain the background of this statistic, how it is put together so you have a full understanding of it.  This should be an excellent source of information on how the economy will do in the near future!  WHY? Over 99% of America's 28.7 million firms are small businesses, and 88% have less than 20 employees!  More Small Business Formation - More Capital Expenditures - More Employment - More Jobs - More Productivity - More Money! MORE!!!  Remember July 5th, 1994 Amazon was one of these New SMALL businesses!  WOW 26 years ago!   

BUSINESS FORMATION STATISTICS, SECOND QUARTER 2020 PDF

Business Formation Statistics
07/15/2020 10:00 AM EDT

Total U.S. Business Applications were 883,174 in the second quarter of 2020, up 4.8% from first quarter 2020.
2nd Qtr 2020: +4.8° % change
1st Qtr 2020 (r): -4.3° % change  

 

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