According to the Bureau of Labor Statistics, Private Sector Establishment “Births” plunged in Q1 2016 to Great Recession levels of 2008. It was the LARGEST DECLINE IN HISTORY!!
Well, the BLS has only tracked this index since 1993.
And during 2014-2015(Q2), Private Sector Establishment “Deaths” were on the rise.
Party on Wayne. Party on Garth.
Wall Street Examiner Disclosure: Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. No endorsement of such content is either expressed or implied by posting the content. All items published here are matters of information and opinion, and are neither intended as, nor should you construe it as, individual investment advice. Do your own due diligence when considering the offerings of information providers, or considering any investment.