Missouri led US in business creation in 2013, new report shows

Photo courtesy of Creative Commons
Photo courtesy of Creative Commons

Newly released data shows that Missouri led the nation in job creation in 2013.

The Show-Me State saw a 16.7 percent spike in new businesses between 2012 and 2013, according to a new analysis from the Kansas City-based Ewing Marion Kauffman Foundation. That was 10.6 percentage points higher than the next-best state, Kentucky, and made Missouri one of just 11 states nationwide to see a net gain in new businesses during that span.

Gov. Jay Nixon hailed the report as a sign of the state’s success spurring small businesses and entrepreneurs.

“Small businesses are the engines of our economy, and that’s why we’ve worked hard to help entrepreneurs turn cutting-edge ideas into high-paying jobs for Missourians,” Missouri Gov. Jay Nixon said in a release. “This report – showing that Missouri is not only bucking the national trend, but leading the country in new business creation – is proof positive that our efforts are paying off in a big way.”

Read more from the Kansas City Star and the Kansas City Business Journal

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