By Nick Albicocco, Aidan Roberts and Yonathan Shimelis, Capital News Service
As the COVID-19 crisis ravaged the U.S. economy, millions of Americans lost jobs.
Yet the pandemic sparked an unexpected trend: The number of business startups is surging across the U.S., and especially in Maryland.
From April to December of last year — a period when much of the nation was closed due to the pandemic — there were 3.5 million applications for new business formations filed in the U.S., up 34% from the same period in 2019, according to the U.S. Census Bureau. For the full year, applications totaled 4.4 million, up 24%.
READ FULL ARTICLE HERE
