Weekly Update, Issue 32, May 26, 2010

Kauffman Foundation, Ewing Marion Kauffman Foundation

New Kauffman Foundation Study: Despite Recession, U.S. Entrepreneurial Activity Rises in 2009 to Highest Rate in 14 Years


According to the Kauffman Index of Entrepreneurial Activity, the number of new businesses created in the United States during the 2007-2009 recession years increased steadily year to year. In 2009, the 340 out of 100,000 adults who started businesses each month represent a 4 percent increase over 2008, or 27,000 more starts per month than in 2008 and 60,000 more starts per month than in 2007. Read more>>

Quoted by ABC News, Carl Schramm, president and CEO of the Kauffman Foundation, notes, "In recessions, large firms shed jobs. New firms on the other hand can't get going without people." Read the article>>

In the face of a tough economic climate, your business grew. Tell us about it at BuildAStrongerAmerica.com>>

Kauffman Economic Outlook Study Q2 - Bloggers Add Questions
Featured content from Growthology.org: Five economics bloggers surveyed for the Kauffman Q2 Economic Outlook study submitted their own questions. Tim Kane, senior fellow at the Kauffman Foundation, posted the results. Read more>>

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