FT’s Sam Fleming and Lauren Leatherby: “America has seen a pervasive drop in the economic dynamism of every one of its states since the early 1990s as new business formation sinks and workers move jobs less frequently, according to new research that underscores the challenge the country faces in restoring its entrepreneurial verve.
“Among the least economically vibrant parts of the U.S. are aging, industrial states clustered around the Great Lakes and Northeast, many of which swung in favour of Donald Trump in the last election. Ohio and Michigan were among those where the number of firms shrunk outright from 1992 to 2014, the period studied.”
By: Ben White & Aubree Eliza Weaver – POLITICO
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