Pa. Ranks Among Top States for New Business Survival

Pa. ranks among top states for new business survival

Pennsylvania ranks among the top states in the nation for new business survival, the latest federal data reveals.  According to a release, Pennsylvania’s economy under Gov. Josh Shapiro remains one of the strongest in the U.S. The Shapiro Administration has competed for and won more than $35 billion in private sector investments that are creating more than 18,000 new jobs and driving economic growth across Pennsylvania.  Pennsylvania is the only…

Shapiro: New Data Shows PA Among Top States for New Business Survival

HARRISBURG, Pa. (EYT) — New data from the U.S. Bureau of Labor Statistics shows Pennsylvania ranks among the top states in the nation for five-year new business survival, pointing to sustained economic strength across the Commonwealth. According to the latest federal figures, 56 percent of businesses started in Pennsylvania remain open after five years, the third-highest survival rate nationwide. The national average sits at 51.6 percent, meanin…