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Statistic
Around half of businesses fail after 5 years. (Most recent data shows 49.4% of businesses started in 2017 survived until 2022)
U.S. Bureau of Labor Statistics: Business Employment Dynamics
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Publish year:
2022
Report Methodology
The report uses data from the U.S. Bureau of Labor Statistics to show the percentage of businesses that survive and fail.
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Around half of businesses fail after 5 years. (Most recent data shows 49.4% of businesses started in 2017 survived until 2022)
U.S. Bureau of Labor Statistics: Business Employment Dynamics
2022
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