A recent analysis of the US small-business landscape reveals a paradoxical trend. Despite challenges such as rising inflation, new business applications are on the rise. This suggests that entrepreneurship remains resilient.

The analysis combines data from various federal agencies, including the Small Business Administration and the US Census Bureau. It also incorporates survey data from SoFi, which provides insight into the people running businesses in America. Further details on small business statistics and trends are available from the source, including information on the outlook of microbusiness owners and the overall economic climate.