It's Not A Good Time To Start A Business

Mish Shedlock
By Mike Shedlock of MishTalk
Investment Advisor Representative - Sitka Pacific Capital Management •

The Bloomberg Startup Barometer, a measure of business environment health, is in a steep plunge. The Bloomberg Startups Index is down 25.45% from a year ago, but it's down a massive 46.0% in just under 7 months.

 

The Bloomberg Startup Barometer, a measure of business environment health, is in a steep plunge.

The Bloomberg Startups Barometer is a weekly indicator that tracks the overall health of the business environment for private technology companies based in the U.S.

The index peaked at 1545.32 on June 24, 2019.

On February 10, 2020 it fell to 833.74.

The Bloomberg Startups Index is down 25.45% from a year ago, but it's down a massive 46.0% in just under 7 months.

This suggests it's not a good time to start a technology business.

I propose it's not a good time to be starting any business.

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