Is everyone becoming a builder?

Americans are back on their entrepreneurial grind, after a 40-year decline in entrepreneurship. New business applications by year: 2019 3.5 million 2020 4.3 million 2021 5.4 million 2022 5.1 million

🚨NEW: Once again, Americans filed to start new businesses like never before last year. The Census Bureau tallied nearly 1.7m applications to start new likely employer businesses in 2022 -- 28% more than before the pandemic. https://eig.org/2022-business-formation/... See more

4.4M businesses were started in the US last year - that’s up 24% from the year before and the biggest increase on record by far. The future of entrepreneurship is bright.

The future is self-employed New businesses formed in the US 🚀 2019: 3.5 million 2020: 4.4 million 2021: 5.4 million 2022: 5.1 million Only about 1/3rd of the applications filed in 2021 are for businesses deemed likely to hire employees Majority are self employed Source:… Show more