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Characteristics of the Large Early 2020 Decline in New Businesses during COVID-19

This working paper analyzes one important factor of entrepreneurship – new business applications – in the first 16 weeks of 2020 and historically. Week 16 in 2020 ended on April 18.

Written by Travis Howe

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The impact of COVID-19 on entrepreneurial activity in the United States has immediate implications for business owners and their employees, as well as consequences for long-term economic recovery.

Included in the PDF:

  • Business applications in recent years.
  • How business applications in the first 16 weeks of 2020 compare with recent “normal” years.
  • Discussion points.
  • Resources.
DOWNLOAD THE WORKING PAPER [PDF]

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