Significant economic indicators continue to support the proposition that new business startup activity is on the rise. On August 4, 2016, the Kauffman Foundation released the 2016 Kauffman Index of Startup Activity, its highly respected annual report which focuses on new business creation.
According to the Index, entrepreneurship in the United States rose for the second year in a row in 2015. This a mere two years after the index plunged to its lowest level in two decades.
The foundation noted, in a development of particular significance, that more new businesses are being started out of desire as opposed to need.