States With The Most New Small Businesses Per Capita

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

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

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

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.

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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