Where Have the Small Businesses Gone?

[Epoch-Times-Bot]

Where Have the Small Businesses Gone?

Commentary
Over the past two years in the United States, the number of business formations has fallen by about 3 percent per month. That recovered briefly after the devastation of lockdowns, at a time when 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 aren’t omniscient. Still, you see it all around you in nearly every town in the United States. Our retail lives today are so dominated by large franchises that the shopping experience anywhere in the United States is very much like that of everywhere else....

Source: Where Have the Small Businesses Gone?

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