Submitted by mchunt1 on Tue, 08/31/2021 - 22:36

One sign of a healthy local economy is how many new businesses are started each year. Strong growth in new businesses has been shown to correlate with increased household income and decreased unemployment.

Most cities see business startups of one type or another each year, but not every city sees as many as others. The number of startups is influenced heavily both by local economic conditions and the regulatory environment.