States With The Most New Small Businesses Per Capita

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The pandemic has wreaked devastation on many small businesses, causing the closure of roughly 200,000 establishments across the United States. 

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This has not been the only effect on small businesses, however. 

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According to government data, entrepreneurs are starting more new businesses now than they have in more than a decade.

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As more people lost their jobs or began working remotely, and some businesses closed, leaving holes in the market, both online and brick-and-mortar businesses started emerging at rates staggering even to economists who study recessions.

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The U.S. economy is undergoing a definitive restructuring due to changes wrought by the coronavirus, and they are likely here to stay.

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