US economy is the least entrepreneurial in decades

US economy is the least entrepreneurial in decades

Entrepreneurism in American has been on the decline for at least 30 years, a new report suggests, and for the first time in three decades the number of business “deaths” in the United States exceeds that of “births.”

The report, published on Monday this week by economists from the Brookings Institute, examines business dynamism in America — or how the process by which firms are continually born, fail, expand and contract — during the years 1978 through 2012.

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