Missouri Leading Nation in New Business Creation

New census data shows Missouri is leading nation in new business creation.

The data, released by the U.S. Census Bureau and analyzed by the Kauffman Foundation, shows that there were 1,293 more businesses created in Missouri in 2013 (the most recent year for which data is available) than in 2012, an increase of more than 16 percent. Over the same time period, 39 states saw a decrease in new business creation. Of the states that did see an increase in the number of new businesses, Missouri outperformed them dramatically – experiencing a bigger growth in new business creation than all ten of those states combined. Commenting on the report, Governor Jay Nixon said, small businesses are the engines of our economy, and that’s why the state has worked hard to help entrepreneurs turn cutting-edge ideas into high-paying jobs for Missourians. In Fiscal Year 2015, Missouri ranked – for the first time — as a top ten state for startup funding, according to Forbes.