Dynamism is in retreat.
That’s the conclusion of a new report released on Wednesday by our friends at the Economic Innovation Group (EIG) that looks at the creation of new business in America. What EIG discovered is that the rate of new business formation has fallen by half since the late 1970s, and suffered a steep decline during the Great Recession.
By: Elizabeth Brotherton-Bunch, Alliance for American Manufacturing
Read the full article here.