Wolters Kluwer analysis finds U.S. business formations surge 6.5% in 2025, signaling durable entrepreneurial momentum
WOLTERS KLUWER S/ADR (WTKWY)
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Source: Business Wire
Wolters Kluwer analysis of Secretary of State data across 47 states finds nearly 5.5 million new businesses formed in 2025, reversing a year of pullback and approaching record highs NEW YORK--(BUSINESS WIRE)--Wolters Kluwer Financial & Corporate Compliance today announced analysis revealing business formations across 47 states reversed a year-over-year dip and are approaching near-record levels, according to an annual analysis of Secretary of State data by CT Corporation, a Wolters Kluwer business. The data reflects a resilient entrepreneurial economy that paused in 2024 and accelerated again in 2025, continuing a five-year period of net growth that has seen total business formations rise 26.5% since 2020.The findings come at a moment of economic uncertainty for many small business owners, making the rebound all the more notable. “American entrepreneurship continues to grow in both scale and complexity,” said Cathy Wolfe, Executive Vice President and General Manager, Corporate and
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