Monthly estimates of business openings and closures, November 2021

February 21, 2022, 8:34 a.m. (EST)

The business opening rate (business openings as a percentage of active businesses) decreased slightly from October to November 2021 (4.6% to 4.5%). However, the rate of business closures also decreased from October to November (4.4% to 4.3%). Overall, the number of active businesses was relatively unchanged, and November marked the seventh consecutive month in which the number of active businesses was above February 2020 levels.

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