The US Census Bureau reports that a significant 5,044,748 new businesses were launched in 2022, with an average of 4.4 million new businesses started every year.
Additionally, in Q4 2022, Oberlo notes that nearly 1.27 million new business applications were submitted, highlighting the ongoing entrepreneurial spirit driving innovation and growth in the business world.
As a reliable source of data on business and economic trends, these statistics provide valuable insights into the state of the US economy and its potential for sustained growth.