Estimates for businesses with employees indicate there were 580,900 new firms and 576,200 closures (both about 10 percent of the total) in 2004.
|Starts and Closures of Employer Firms, 2000-2004|
e = Estimate.
For more information, see Business Estimates from the Office of Advocacy: A Discussion of Methodology (pdf), a working paper by Brian Headd, June 2005 (Research Summary #258).
Sources: U.S. Bureau of the Census; Administrative Office of the U.S. Courts; U.S. Department of Labor, Employment and Training Administration.
Information courtesy of the Small Business Administration, Office of Advocacy.