The small business boom

Short summary

US startup activity is surging after decades of decline, driven by pandemic-era layoffs, remote work, and AI adoption. Americans filed 5.7 million business applications, signaling a sustained entrepreneurial renaissance. AI is acting as a supercharger for new business creation.

• •Startup applications hit 5.7M, ending a decades-long slump
• •Pandemic disruptions and remote work catalyzed new business creation
• •AI adoption is further accelerating entrepreneurial activity

Generated with AI, which can make mistakes.