The Kaufman Foundation recently released their annual report on US entrepreneurial activity. This report takes a very comprehensive look at new small business formation - including small business formation rates by demographic group as well as by state and major MSAs. We consider this report and work to one of the key data sources on entrepreneurial activity in the US, and we refer to it often.
The report shows that immigrant small business formation rates continue to grow, and continue to be substantially higher than for native born americans. It also shows that Asians and Latinos continue to form small businesses at a faster rate than average. For more details on the trends related to the increasing diversity in US entrepreneurial activity, see our recent forecast report that focused on the changing face of entrepreneurship.
The USA Today Small Business Blog has a nice summary of the report if you are interested but don't want to download and wade through the PDF.
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