SMALL BUSINESS
LendingTree | Where are Americans moving, building and starting businesses right now? To find out, we ranked the country’s largest metros using three categories: people and housing, work and earnings, and business and economy. One metro pulled ahead of the rest: Austin, Texas. Here’s a look at which other metros dominate.
SMALL BUSINESS
LendingTree | While businesses remain more likely to expect price hikes than cuts in the coming months, that expectation has cooled somewhat since December — even as the cost pressures businesses face appear to be intensifying. Nearly a third of businesses, or 32.3%, expect to raise prices before year’s end. During that same time frame, 54.9% of businesses expect the prices they pay for goods and services to increase.
BUSINESS
LendingTree | LendingTree ranked the 100 largest U.S metros across eight metrics to identify where small businesses appear to rely most heavily on tourism. (See the methodology section for a full description of each metric.) Taken together, these metrics provide a more complete picture of the metros where tourism serves as a fundamental driver of small business activity and the broader local economy. While the top three metros are among the nation’s best-known tourist destinations, several of the other highest-ranking metros are less obvious.
BUSINESS
LendingTree | More than 1 in 5 U.S. businesses fail in their first year, according to U.S. Bureau of Labor Statistics (BLS) data. To put that into perspective, there are 36.2 million small businesses nationwide, which means hundreds of thousands of new ones are closing yearly.
BUSINESS
o determine where businesses fail at higher rates, we examined the data at the state and industry levels. Here’s what we found, and how to boost your chances of success.
