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Latin Times
Latin Times
National
Rocío Magnani

High-Migration States Arizona, New Mexico, Texas Lead Entrepreneurship Boom in The U.S., Study Shows

According to a study by the CAP, Texas emerges as a key state in the startup boom in the U.S. (Credit: Freepik)

The United States is currently witnessing a surge in startups and new businesses, especially in the migrant-heavy states of Arizona, New Mexico and Texas, according to a report by the Center for American Progress (CAP) released on Monday.

The institute revealed that the total number of likely employer business applications between 2021 and 2023 was 5.2 million— 1.3 million more than three years preceding the pandemic, 2017 to 2019, a 34 percent increase.

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