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Latest news

05/03/2012
U.S. and State of Ohio Reach $5.5 Million Settlement for Damages from Hazardous Releases in Lower Ashtabula River and Harbor
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05/03/2012
Federal Court Shuts Down Texas Tax Return Preparer
Read More »

05/03/2012
Hyosung Corporation Executive Agrees to Plead Guilty to Obstruction of Justice for Submitting False Documents in an ATM Merger Investigation
Read More »

05/03/2012
UN highlights role of press freedom as catalyst for social and political change
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05/01/2012
President of Costa Rican Company Convicted in Half a Billion Dollar Fraud Scheme with Thousands of Victims Worldwide
Read More »

05/01/2012
Arizona Man Sentenced to Seven Years in Prison for Participating in International Child Pornography Ring
Read More »

05/01/2012
National Express and Petermann to Sell Off School Bus Contracts in Texas and Washington to Resolve Antitrust Concerns
Read More »

05/01/2012
Justice Department Reaches Settlement with Nations Largest Mortgage Insurance Provider to Resolve Allegations of Discrimination Against Women on Maternity Leave
Read More »

05/01/2012
Hitachi-LG Data Storage Inc. Executive Agrees to Plead Guilty for Participating in Bid-Rigging Conspiracies Involving Optical Disk Drives
Read More »

05/01/2012
Suspect Arrested in Robbery of US Bank Branch in Rockwood
Read More »

FAQ / How many businesses open and close each year?

The number of nonemployer fi rms has risen steadily in this
decade, from 16.5 million in 2000 to an estimated 21.1
million in 2007. An estimated 637,100 new employer fi rms
began operations in 2007 and 560,300 fi rms closed that year.
Starts and Closures of Employer Firms, 2003–2007
Category 2003 2004 2005 2006 2007
New Firms 612,296 628,917 644,122 640,800e 637,100e
Closures 540,658 541,047 565,745 587,800e 560,300e
Bankruptcies 35,037 34,317 39,201 19,695 28,322
2005 (www.sba.gov/advo/research/rs258tot.pdf).
Source: U.S. Dept. of Commerce, Bureau of the Census; Administrative
Offi ce of the U.S. Courts; U.S. Dept. of Labor, Employment and Training
Administration.

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Educational

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