Study: Florida Among Top 5 In Business Startup Growth

Follow CBSMIAMI.COM: Facebook | Twitter

MIAMI (CBSMiami) — Florida is among the top five states that had an increase in new businesses last year, according to a new study.

The study – by the Kauffman Foundation – showed nearly two-thirds of U.S. states had an increase of new business.

Thirty states saw gains in business startups, with larger states showing the biggest increases. The top five were Texas, Florida, California, New York and Colorado. Eleven smaller states saw a decline in new companies.

Twenty-three out of the 40 metro areas tracked by the foundation also showed gains. The areas with the highest number of new companies were Austin, Texas; Miami, Los Angeles, San Francisco and Las Vegas.

The geographic breakdown, released last week, offers more details from the foundation’s report in June that the national rate of entrepreneurship rose in 2015, ending a decline that began in 2010.

“While there is considerable variation from one locale to the next, the aggregate data bodes well for business startup activity around the country,” said Arnobio Morelix, an analyst at Kauffman, which conducts research on entrepreneurship and education.

(TM and © Copyright 2016 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2016 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

Comments

One Comment

Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Miami

Fired Up For The #FinsOn4
Weather Forecast 24/7

Listen Live