Census Bureau to Officially Count Startups in the U.S.
- Business formation statistics to help assess recovery
- Data developed in research collaboration with Federal Reserve
This article is for subscribers only.
The Covid-19 crisis spurred a record number of startups in the U.S., as Americans rushed to create their own firms after being laid off or quitting their jobs in numbers never seen before.
Adapting to the seismic changes in the labor market, the U.S. Census Bureau said it will make business formations an official statistic from the government, starting Dec. 8.