• Posted by: B W

Missouri is America’s top state for new business creation

MISSOURI — According to newly released census data, Missouri is leading the nation in business creation. New businesses in Missouri increased by 13 percent in 2013, the largest increase in the nation.

“Small businesses are the engines of our economy, and that’s why we’ve worked hard to help entrepreneurs turn cutting-edge ideas into high-paying jobs for Missourians,” Gov. Jay Nixon said. “This report — showing that Missouri is not only bucking the national trend, but leading the country in new business creation — is proof positive that our efforts are paying off in a big way.”

The data, released by the U.S. Census Bureau and analyzed by the Kauffman Foundation, shows that there were 1,293 more businesses created in Missouri in 2013 (the most recent year for which data is available) than in 2012, an increase of more than 16 percent. Over the same time period, 39 states saw a decrease in new business creation. Of the states that did see an increase in the number of new businesses, Missouri outperformed them dramatically – experiencing a bigger growth in new business creation than all ten of those states combined.

Source: Gov. Jay Nixon


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