Small Business Collapse Hits Record High

Small businesses in the US are collapsing at a rate we have never seen before. We just hit a new

record with over two thousand filings recently. To be exact, that is 2,221 small

businesses going under. The scary part is the trend because that is a massive

83% spike compared to just five years ago. It is getting brutally hard for local shops

and startups to keep the lights on. While everyone watches the stock market

hit highs, the backbone of the economy is quietly breaking. This might be the

biggest warning sign we are ignoring right now.