Posts from January, 2010

Surprise: Recessions Don't Spark Business Startups

Jan 14

Think recessions spur laid-off workers to launch new ventures? Think again.

A study released this week by the Kauffmann Foundation found that the number of new businesses incorporated annually in the U.S. has remained remarkably consistent over the years.

“We have a surprisingly steady supply of new firms, despite frequent and sometimes sharp changes in economic conditions,” the study’s authors concluded. “No matter which data set one examines, any given year’s total of new companies is consistent with other years, with annual numbers fluctuating only mildly.”


To read more of this CNNMoney article click here.

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