Search Results
Journal Article
U.S. Business Applications Surge in the Face of COVID-19
Business formation in the United States has been on a decline for several decades. Most prior economic recessions have accelerated this trend. However, the recent economic downturn associated with COVID-19 appears to have had the opposite effect: business formation, as measured by business applications, has actually surged since late May.
Journal Article
The COVID-19 New Business Boom
Business applications increased across all sectors in the 12 months after February 2020, but the retail trade sector saw the largest increase.