February 25, 2024 11:52 pm
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Local News

Total Small Business Applications Increase Across the Northeast


Staff Writer

Last month, there were 429,800 total business applications in the US, or organizations that filed for Employer Identification Number (EIN), a 1.9 percent increase from January 2023. Of these applications the Census Bureau is projecting that 31,888 new business startups with tax liabilities will be created within 4 quarters of their application date.

Per the new report, in the Northeast, business applications increased 4.6 percent between January and February, from 61,137 to 64,190 applications. Of the February applications, the Census Bureau is projecting that 5,157 new businesses will form within 4 quarters of their February application.

The full Census Bureau report can be found here.

Fetterman to stump for Biden in Nevada swing county

U.S. Sen. John Fetterman (D-Pa.) is heading west on Saturday to stump for President Joe Biden’s reelection campaign in a key Nevada swing county. Fetterman is scheduled to join the Washoe Democratic Party for its annual Crab Feed and meet with voters in the northern Nevada county, according to the Biden-Harris campaign.