YourEconomy.org, an online research tool that tracks business activity and impact at the local, state and national levels, has been updated with 2021 data. It paints a picture of the overall trends in the pandemic recovery as well as conditions specific to industries and individual communities for the past 18 years.
For instance, in 2020 Wisconsin experienced its highest rate of business establishment losses in 18 years at 9.4%. That was quickly followed by its highest rate of business establishment gains at 3.9% in 2021.
“Because every city or region has a different mix of economic influences, YourEconomy.org can help economic developers, researchers, businesses and government agencies understand their communities, compare them with others and ultimately make better decisions,” said Gregg Cole, creator of the interactive tool.
YourEconomy.org is a business census of the U.S. economy that tracks all business establishments (and their jobs), including for-profit, nonprofit and government. It was created by the Business Dynamics Research Consortium, a proud part of the Institute for Business & Entrepreneurship in the University of Wisconsin System.