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Young Firms Lead Economic Recovery

A new report from the Kauffman Foundation reveals that the pace of recovery in hiring and job creation since 2008 is stronger in newer firms – those two years old or younger – than in more established companies. Job Creation, Worker Churning, and Wages at Young Businesses is the seventh report in a series using data from the U.S. Census Bureau’s Business Dynamic Statistics.

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Posted by: Mark Marich

on December 03, 2012

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Category:  General 

Where Have All the New Firms Gone?

At a time when policymakers throughout the U.S.--and all over the world for that matter--are pointing to the job creating power of entrepreneurs and small business owners, a new study from the Kauffman Foundation points out a worrisome trend. The nation's business startup rate fell below 8 percent for the first time in 2010, marking the lowest point on record for new firm births.

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Posted by: Mark Marich

on May 07, 2012

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Category:  Growth & Poverty 

Say Goodbye to the Survey of Business Owners?

Last week, I noted that due to the House and Senate appropriations committees’ significant cuts in the Census Bureau budget, the quality of federal of federal economic statistics appears about to decline. At that point, we knew that the Census Bureau had responded to the House committee's 17% ($169 million) cut by saying it would cancel the 2012 Economic Census, which provides the foundation for the national input-ouput model, 12 Principal Federal Economic Indicators (including GDP), and a myriad of other public and private uses.

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Posted by: Mark Marich

on September 26, 2011

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