Small Business Failure Rates by Industry: The Real Numbers

“Mamas don’t let your babies grow up to start construction companies,” could be the first line of a country song about new small business failure rates. Five years after starting, the share of mining companies remaining alive is nearly 15 percentage points higher than the fraction of construction businesses still in operation (52.3 percent versus […]

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The numbers game

Economists are modern-day oracles who affect the lives of millions. Economists deal in data and in policies that affect the lives of millions. This puts them in the hot seat, especially in times of economic turbulence. These modern-day oracles move between the world of academics and think tanks and operational and functional positions, steering companies […]

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