Newly released census data shows that Missouri led the nation in business creation in 2013 — and it wasn’t even close.
While most states across the country dropped, Missouri jumped 16.7 percent in business creation in 2013 over 2012.
Kentucky finished second with a 6 percent increase.
Missouri had 7,759 new businesses in 2012, and that number ballooned to 9,052 in 2013.
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Only 11 states reported increases.
The administration of Gov. Jay Nixon hailed the findings.
“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,” Nixon said in a statement. “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.”
The news comes as Missouri ranked in the top 10 for the first time for startup funding.