New business formation in America goes bezonkers
What lies behind a welcome, and unexpected, trend?
AS THE PANDEMIC unfolded, the usual economic statistics produced the expected dire results. During the stretch in 2020 from February to May, 20m jobs were lost. Businesses were wiped out at a faster rate than during the financial crisis a decade earlier. Grim news was everywhere.
This article appeared in the United States section of the print edition under the headline “Down and up”
United States June 26th 2021
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