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
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