Wednesday, January 22, 2014

Business births and deaths

Since the recession began in December 2007, business births have experienced the steepest decline in the history of the series. New establishments are not being formed at the same levels seen before the economic downturn began, and the number is much lower than it was during the 2001 recession.  From Bureau Labor Statistics, more at http://www.bls.gov/bdm/entrepreneurship/entrepreneurship.htm


Chart 5. Quarterly establishment births and deaths, 1993–2010

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