Where Have the Small Businesses Gone?

[Epoch-Times-Bot]

Where Have the Small Businesses Gone?

Commentary
For the last two years in the United States, the number of business formations have fallen by about 3 percent per month. They recovered briefly after the devastation of lockdowns, during which as many as a third of small businesses shut forever, but that recovery has come to an end and we are in a period of slow decline.
You don't need data on hand to know this. It's not accurate in any case. How can it be? Government data collectors are not omniscient. Still, you see it all around you in nearly every town in the United States. Our retail lives today are dominated by large franchises so that the shopping experience anywhere in the U.S. is very much like that of anywhere else in the U.S....

Source: Where Have the Small Businesses Gone?

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