According to a new study by the Economic Innovation Group, more businesses die now than are born in most metro areas. Startup growth has clustered around big cities. Four cities combined — Miami, Dallas, Houston and New York — saw more startup growth than the rest of the country between 2010 and 2014. Hartford, Norwich, New Haven and Bridgeport all saw negative growth despite being near New York City. With startup growth becoming an urban phenomenon, rural areas no longer abound with mom-and-pop shops. They have instead become Dollar Store deserts.

By: John Stoehr, Connecticut Post

Read the full article here.

Economic Dynamism 

Related Posts