A study conducted by research firm Hubscore.co, analyzed business longevity across the United States to reveal that North Carolina holds one of highest five-year survival rates. With an impressive rate of 53.9%.
10 States with the Highest Business Survival Rates
States ranked by Five-Year Business Survival Rate
- Oregon – 58.4%
- South Dakota – 55.7%
- Mississippi – 55.2%
- California – 55.2%
- West Virginia – 55.0%
- Massachusetts – 55.0%
- Montana – 54.3%
- Pennsylvania – 54.2%
- Illinois – 54.2%
- North Carolina – 53.9%