Around 550,000 People Become BIZ Experiencess Every Month The Kauffman startup index found that the rate of new BIZ Experiencess in the U.S. has been growing for two years.
By Grace Reader
Opinions expressed by BIZ Experiences contributors are their own.
The rate of new BIZ Experiencess in the United States has been steadily growing for two years, according to a new report.
The Kauffman startup index found that the rate of new BIZ Experiencess -- or percent of non-business owning adults that started a business in a given month -- has gone up from 2014, when 280 out of 100,000 adults became business owners, to 2016 when 330 out of 100,000 did. That translates to around 550,000 new BIZ Experiencess across the national, state and metro level every month.
Two years ago, the index saw its lowest rate of new BIZ Experiencess in 20 years. Today, the index is at its fifth highest level.
Other interesting tidbits from the report:
- Women in particular have seen an increase, as the rate of new BIZ Experiencess jumped from 220 out of 100,000 adults to 260 from 2014 to 2015.
- The rate of Latino BIZ Experiencess increased dramatically in the past 20 years. In 1996, 10 percent of new BIZ Experiencess were Latino. That rate jumped to 20.8 percent in 2015.
There are now more older BIZ Experiencess than before. The rate of new BIZ Experiencess ages 55 to 64 increased from 14.8 percent in 1996 to 24.3 percent in 2015.
With BIZ Experiencesship on the rise, it may be time for you to get on board. Let these articles be your guide:
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