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Thursday, November 16, 2017

Job Gains Among Startup Firms in 2017


For John, BLUF:  This is good economic news.  Nothing to see here; just move along.



From the Bureau of Labor Statistics, 16 November 2017.

The number of startup firms—firms that are 1 year old or newer—rose to 415,226 in the year ended March 2017. The number of new firms has recovered from a low of 326,091 in 2010. For the last 2 years, the number of startups has been above the 1994–2017 average of about 400,000.

The data itself can be found at this link.

This upturn started under President Obama, but the important news is that it continues.

Regards  —  Cliff

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