Categories for Business Formation Reports

In July 2025, business formations nationwide were up both month over month (4%) and year over year (10%) for the first time since March 2025.

Business formations were up 14% nationwide compared to June of last year.

Business formations nationwide were up 5% from May 2024, marking the third consecutive month of growth.

Business formations fell 2% in April nationwide. Smaller states like Kansas, Colorado, Maine, and North Dakota have shown steady growth.

March indicated a solid recovery from February's decline, with both an increase in month over month and year over year business formations.

In February 2025, business formations across the states saw a 13% decrease compared to the previous month, with 442,100 new registrations in total. The year-over-year numbers were down 4% compared to February last year, with 18,943 fewer new businesses across the country.

While January showed a strong start compared to December, business formation is still down 5% from January of last year.

As 2024 wrapped up, business formations ended on a strong note, with December seeing a 3% jump from the previous month, totaling 389,215 new registrations—but year-over-year numbers still took a 5% hit.

Top-performing states like Texas and California remained at the top, thanks to diverse industries and strong infrastructure.

October 2024 saw an 0.8% increase in business formations nationwide compared to September 2024.