Visualizing America’s Entrepreneurial Spirit During COVID-19
Feb 17, 2021
Avery Koop
Mapped: America’s Entrepreneurial Spirit During COVID-19
Despite the risks of opening a business during a global pandemic, new data from the U.S. Census Bureau reveals that the entrepreneurial spirit is alive and well in the United States.
In total, there were 492,133 new business applications in January 2021—an increase of over 73% year-over-year (YoY).
The region with the highest growth rate was the South at 84% with more than 220,000 new business applications in the region in January of this year. Mississippi had the highest percent increase at 164%, with over 6,000 new applications in January 2021.
Take a closer look at the number of total applications by state and region by clicking HERE!