Source: The Kauffman Index
Startups are growing faster and reaching scale at higher rates than in recent years. Nevertheless, entrepreneurial growth remains stuck in a long-term decline.
Tennessee ranks 10th in growth entrepreneurship, up for 14 in 2016, and the Nashville-Davidson-Murfreesboro-Franklin metro area ranked 4th, with Washington-Arlington-Alexandria as 1st in the nation.
U.S. entrepreneurial growth in 2016 continued to rebound from the Great Recession slump, across different industries and geographies, for the third year in a row, according to the 2017 Kauffman Index of Growth Entrepreneurship.