Here’s what led to a record-setting 5.4 million business applications last year
A woman fills a package for her small, e-commerce business
New business applications are on the rise
Retail leads the way in applications
Grouped bar chart showing the number of business applications per industry for 5 industries over 4 years.
Transportation, warehousing, and retail grew applications most
Bar chart showing growth rate of five industries.
Wyoming and Delaware remain leaders in business applications
Heat map showing states with the most new business applications per capita. Wyoming and Delaware are darkest in color because they had the most applications
Higher volume, lower share of businesses likely to develop payrolls
Line chart showing the number of applications likely to become businesses with payroll, and another line showing number of applications with planned wages.