MIAMI (CBSMiami) — Florida is among the top five states that had an increase in new businesses last year, according to a new study.READ MORE: CBS4 Nat Moore Trophy Profile: Gulliver Prep Running Back Sedrick Irvin Jr.
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.READ MORE: Florida Mom Making Angel Gowns For Families Who Lose Baby Unexpectedly
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.MORE NEWS: South Florida Businesses Relying On Tourism Hope To Recover From Pandemic Lows
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