U.S. Business Applications Surge in the Face of COVID-19

Jason Brown

Economic Bulletin, 2020, 4

Abstract: Business formation in the United States has been on a decline for several decades. Most prior economic recessions have accelerated this trend. However, the recent economic downturn associated with COVID-19 appears to have had the opposite effect: business formation, as measured by business applications, has actually surged since late May.

Keywords: Business formation; Businesses; Business applications; Economy; COVID-19 (search for similar items in EconPapers)
JEL-codes: E32 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (2)

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