Data / Chart of the day / Employer firm births in the United States, 2023

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Employer firm births in the United States, 2023

The employer firm births in the United States fell to 508,777 in 2023 from 521,312 in 2022 (-2.4%), according to the U.S. Census Bureau. It is the largest annual fall since 2010. These are the first figures Invokely holds for this series, from 1978 to 2023.

350K400K450K500K550K19781985199219992006201320231978: 488,103 count1979: 473,471 count1980: 439,667 count1981: 430,100 count1982: 418,627 count1983: 456,610 count1984: 529,584 count1985: 512,439 count1986: 517,516 count1987: 513,574 count1988: 507,091 count1989: 502,558 count1990: 493,080 count1991: 450,750 count1992: 438,701 count1993: 461,135 count1994: 475,989 count1995: 495,030 count1996: 493,289 count1997: 494,483 count1998: 477,206 count1999: 451,218 count2000: 446,204 count2001: 436,993 count2002: 455,162 count2003: 467,532 count2004: 505,056 count2005: 518,727 count2006: 541,317 count2007: 509,517 count2008: 471,285 count2009: 395,235 count2010: 379,145 count2011: 395,680 count2012: 408,546 count2013: 405,350 count2014: 411,948 count2015: 421,155 count2016: 442,414 count2017: 439,859 count2018: 442,078 count2019: 453,027 count2020: 455,725 count2021: 485,256 count2022: 521,312 count2023: 508,777 count350K400K450K500K550K19781994201020231978: 488,103 count1979: 473,471 count1980: 439,667 count1981: 430,100 count1982: 418,627 count1983: 456,610 count1984: 529,584 count1985: 512,439 count1986: 517,516 count1987: 513,574 count1988: 507,091 count1989: 502,558 count1990: 493,080 count1991: 450,750 count1992: 438,701 count1993: 461,135 count1994: 475,989 count1995: 495,030 count1996: 493,289 count1997: 494,483 count1998: 477,206 count1999: 451,218 count2000: 446,204 count2001: 436,993 count2002: 455,162 count2003: 467,532 count2004: 505,056 count2005: 518,727 count2006: 541,317 count2007: 509,517 count2008: 471,285 count2009: 395,235 count2010: 379,145 count2011: 395,680 count2012: 408,546 count2013: 405,350 count2014: 411,948 count2015: 421,155 count2016: 442,414 count2017: 439,859 count2018: 442,078 count2019: 453,027 count2020: 455,725 count2021: 485,256 count2022: 521,312 count2023: 508,777 count
count. Source: U.S. Census Bureau, Business Dynamics Statistics by firm age: employer firms of age zero, all covered industries, nation, states and counties from 1978. Retrieved 2026-10-22, published 2025-09-25.

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2023, count508,777
Previous, 2022521,312
Change-2.4%

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Free to reuse with credit to U.S. Census Bureau as the source and a link to this page on Invokely. Terms for the figures: Public domain (US federal government work, citation requested). https://www.census.gov/about/policies/citation.html

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U.S. Census Bureau. Business Dynamics Statistics by firm age: employer firms of age zero, all covered industries, nation, states and counties from 1978. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_fa.csv. Retrieved 2026-10-22.
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