Special Report
The Odds Your New Business Will Fail in Every State
May 24, 2022 12:00 pm
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50. Oregon
> Business that fail within 5 years: 41.8%
> Average establishment age: 13.6 years (18th lowest)
> Unemployment rate, March 2022: 3.8% (21st highest)
> Small business count: 86.0% of all establishments (9th highest)
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49. West Virginia
> Business that fail within 5 years: 42.8%
> Average establishment age: 15.9 years (6th highest)
> Unemployment rate, March 2022: 3.7% (22nd highest)
> Small business count: 77.3% of all establishments (2nd lowest)
24/7 Wall St.
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48. Montana
> Business that fail within 5 years: 43.6%
> Average establishment age: 14.3 years (24th lowest)
> Unemployment rate, March 2022: 2.3% (4th lowest)
> Small business count: 89.1% of all establishments (the highest)
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47. Minnesota
> Business that fail within 5 years: 45.0%
> Average establishment age: 15.3 years (15th highest)
> Unemployment rate, March 2022: 2.5% (8th lowest)
> Small business count: 83.3% of all establishments (21st highest)
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46. Massachusetts
> Business that fail within 5 years: 45.1%
> Average establishment age: 13.4 years (17th lowest)
> Unemployment rate, March 2022: 4.3% (13th highest)
> Small business count: 83.3% of all establishments (20th highest)
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