In this report, we focus on startup activity at the state level. Startup activity rose in 2015, reversing a five-year downward trend in the United States, giving rise to hope for a revival of entrepreneurship. However, the return remains tepid and well below historical trends, as shown in Figure 1 below. A principle driver of this year's uptick is the growth of male opportunity entrepreneurship, accompanied by the continued strength of immigrant entrepreneurship -- covered in the Kauffman Index: Startup Activity | National Trends. Males were hit particularly hard during the Great Recession. Metro-area stars of the startup surge include perennial favorites like Austin and San Jose -- covered in the Kauffman Index: Startup Activity | Metropolitan Area and City Trends -- as well as some less highlighted places, such as Miami and San Antonio.
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- Copyright 2015 Ewing Marion Kauffman Foundation.
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