This timeline measures entrepreneurialism in the United States by showing the number of businesses that were less than one year old and still in their start-up phase, from March 1994 to March 2023. In March 2023, there were around 1.05 million businesses that were less than 1 year old, a slight decrease from the year prior, when the number was around 1.07 million.
Number of business establishments less than 1 year old in the United States from 1994 to 2023
Characteristic
Number of businesses less than 1 year old
2023
1,054,052
2022
1,065,228
2021
839,297
2020
767,573
2019
770,523
2018
733,721
2017
733,286
2016
732,856
2015
677,876
2014
652,518
2013
628,840
2012
631,634
2011
582,349
Created with Highcharts 7.2.2Number of businesses less than 1 year old199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
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Bureau of Labor Statistics. (August 27, 2024). Number of business establishments less than 1 year old in the United States from 1994 to 2023 [Graph]. In Statista. Retrieved February 17, 2025, from https://www.statista.com/statistics/235494/new-entrepreneurial-businesses-in-the-us/
Bureau of Labor Statistics. "Number of business establishments less than 1 year old in the United States from 1994 to 2023." Chart. August 27, 2024. Statista. Accessed February 17, 2025. https://www.statista.com/statistics/235494/new-entrepreneurial-businesses-in-the-us/
Bureau of Labor Statistics. (2024). Number of business establishments less than 1 year old in the United States from 1994 to 2023. Statista. Statista Inc.. Accessed: February 17, 2025. https://www.statista.com/statistics/235494/new-entrepreneurial-businesses-in-the-us/
Bureau of Labor Statistics. "Number of Business Establishments Less than 1 Year Old in The United States from 1994 to 2023." Statista, Statista Inc., 27 Aug 2024, https://www.statista.com/statistics/235494/new-entrepreneurial-businesses-in-the-us/
Bureau of Labor Statistics, Number of business establishments less than 1 year old in the United States from 1994 to 2023 Statista, https://www.statista.com/statistics/235494/new-entrepreneurial-businesses-in-the-us/ (last visited February 17, 2025)
Number of business establishments less than 1 year old in the United States from 1994 to 2023 [Graph], Bureau of Labor Statistics, August 27, 2024. [Online]. Available: https://www.statista.com/statistics/235494/new-entrepreneurial-businesses-in-the-us/
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