Accutrend Data
  • US Data Information
        • New Business Data Solutions
        • Entrepreneur Business Data Solutions
        • Minority Business Data Solutions
        • Hispanic Business Data Solutions
        • Liquor License Business Data Solutions
        • UBO Data Solutions
        • SOS Business Data Solutions
        • Business View Data Solutions
        • Nonprofit Business Data Solutions
        • UCC Business Data Solutions
        • Executive Business Data Solutions
  • International Data Information
    • Canadian Business Data Solutions
    • Mexican New Business Data Solutions
  • About Us
    • B2B Industries
    • Careers
    • Resources
      • Blog
      • Testimonials
  • Privacy Policy
  • Request a Sample
  • Menu Menu

Exploring New Business Registrations: A Comparative Analysis of 2022 & 2023 Trends Across Industries

The landscape of new business registrations in the United States has experienced dynamic shifts over the past two years. Analyzing the data from 2022 and 2023 reveals fascinating insights, particularly when dissecting trends across various industries. Delve into the numbers to uncover the overarching patterns and notable divergences, shedding light on the factors influencing these changes by reading this blog post.

An Overall Positive Trend:

The first half of 2023 has witnessed a remarkable surge in new business registrations across all industries. Comparing this period to the same span in 2022, an impressive 22.41% increase, totaling 457,848 new business registrations, highlights a conducive environment for entrepreneurial ventures. This upward trajectory suggests a confluence of factors, including post-pandemic recovery, sustained low-interest rates, and robust consumer demand.

Industry-Specific Insights:

Manufacturing:

With a substantial 28% increase, the manufacturing sector takes the lead in welcoming new business registrations. The rise from 115,442 registrations in 2022 to 142,442 in 2023 underscores the sector’s resilience and adaptability. This growth reflects renewed confidence in manufacturing-related endeavors.

Construction:

Following closely, the construction industry marks a 27% upswing, leaping from 102,237 new business registrations in 2022 to 125,661 in 2023. This surge underscores a burgeoning demand for construction-related services, possibly driven by infrastructure investments and urban development projects.

Retail:

The retail sector demonstrates the most significant percentage growth, soaring by 33.71%. Comparing 2022’s 90,318 new registrations to 2023’s 116,839 highlights the sector’s swift adaptation to changing consumer preferences and the embrace of innovative business models.

Health Care:

Health care exhibits a notable 23.80% increase, rebounding from 38,326 new registrations in 2022 to 45,500 in 2023. While the sector experienced a strong start in the first two months of 2023, its growth trajectory has tempered since. This indicates a potential need for sustained focus to ensure continued expansion.

Insurance:

The insurance industry experienced a 15.25% uptick, with 2023 recording 7,034 new business registrations compared to 2022’s 6,812. This steady growth could be attributed to evolving insurance needs and a responsive market landscape.

Technology:

Technology demonstrates a promising 19.38% growth, with registrations increasing from 2,081 in 2022 to 2,426 in 2023. Despite moderate gains, the sector’s volatility, particularly noticeable in the spring months, underscores its sensitivity to market dynamics.

Finance:

The finance sector indicates a 10.39% rise, registering 2,314 new businesses in 2023 compared to 2,167 in 2022. This growth signifies sustained interest in financial services, possibly fueled by evolving investment landscapes.

Telecommunication:

Telecommunication marks an 11.64% increase, growing from 1,074 new registrations in 2022 to 1,124 in 2023. The rise reflects the sector’s adaptability to changing communication needs and technological advancements.

Key Takeaways:

The surge in new business creations throughout 2023 is indicative of a recovering economy, providing a conducive environment for budding entrepreneurs. Industries closely linked to consumer demand, such as manufacturing, retail, and construction, have experienced substantial growth. While the technology industry shows promise, its sensitivity to market fluctuations warrants careful observation. Healthcare’s resurgence post-2022 slowdown is noteworthy, though a cautious approach may be required to maintain momentum. Tracking new business registrations across industries serves as a valuable economic indicator, providing insights into sectoral performance and potential growth concerns.

The divergence in new business registrations across industries between 2022 and 2023 offers a comprehensive snapshot of economic dynamics and entrepreneurial pursuits. As we navigate the intricate interplay of market forces, consumer behavior, and regulatory landscapes, these trends underscore the importance of adaptability and strategic planning for businesses seeking to harness the opportunities presented by a recovering economy. This analysis, based on Accutrend’s New Business Registration Data, illuminates the exciting prospects and potential challenges that lie ahead for various sectors in the evolving business landscape.

Click here to learn more

Share This Post

  • Share on Facebook
  • Share on X
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share on Tumblr
  • Share on Vk
  • Share on Reddit
  • Share by Mail

More Like This

Breaking Down New Business Data vs. Existing Business Data

Breaking Down New Business Data vs. Existing Business Data

New Business Data
Discover the key differences between new business data and existing business data as you get advice on how to leverage data for better decision-making.
April 17, 2025
https://www.accutrend.com/wp-content/uploads/2025/04/Breaking-Down-New-Business-Data-vs.-Existing-Business-Data-1.jpg 1250 2000 Abstrakt Marketing /wp-content/uploads/2023/08/LOGO_ADC.webp Abstrakt Marketing2025-04-17 14:22:182025-06-24 13:45:49Breaking Down New Business Data vs. Existing Business Data
Technology Network Background

Why Purchase UCC Collateral Data?

New Business Data, UCC Collateral, Uniform Commercial Code
UCC Collateral data is critical for exploring new investment opportunities and more, but is it worth a purchase? Yes—find out why.
February 7, 2025
https://www.accutrend.com/wp-content/uploads/2025/02/Technology-Network-Background.jpg 1250 2000 Abstrakt Marketing /wp-content/uploads/2023/08/LOGO_ADC.webp Abstrakt Marketing2025-02-07 12:18:082025-06-24 13:45:52Why Purchase UCC Collateral Data?
Your Ultimate Guide to Email List-Building Strategies

Your Ultimate Guide to Email List-Building Strategies

New Business Data
Get the ultimate guide to email list-building strategies and learn how your business can prosper along the way.
May 13, 2024
https://www.accutrend.com/wp-content/uploads/2024/05/Your-Ultimate-Guide-to-Email-List-Building-Strategies.jpg 1250 2000 Abstrakt Marketing /wp-content/uploads/2023/08/LOGO_ADC.webp Abstrakt Marketing2024-05-13 08:02:052025-06-24 13:46:11Your Ultimate Guide to Email List-Building Strategies
Cropped shot of woman's hands with red nails typing on keyboard

Understanding Sales Data

New Business Data, US Data Information
Learn more about sales data, what an analysis looks like, and how a global data-solutions expert like Accutrend can help your business find it.
March 21, 2024
https://www.accutrend.com/wp-content/uploads/2024/03/Cropped-shot-of-womans-hands-with-red-nails-typing-on-keyboard.jpg 1250 2000 Abstrakt Marketing /wp-content/uploads/2023/08/LOGO_ADC.webp Abstrakt Marketing2024-03-21 09:41:052025-06-24 13:46:15Understanding Sales Data

Uncovering the True Definition of Market Research

New Business Data
Learn more about the true definition of market research and how Accutrend helps small businesses maximize growth.
January 19, 2024
https://www.accutrend.com/wp-content/uploads/2024/01/What-is-Market-Research_.jpg 1250 2000 Abstrakt Marketing /wp-content/uploads/2023/08/LOGO_ADC.webp Abstrakt Marketing2024-01-19 14:05:582025-06-24 13:46:27Uncovering the True Definition of Market Research

How to Effectively Start a Small Business Checklist

New Business Data
Start your business off on the right foot. Learn helpful tips for starting a small business checklist. 
January 19, 2024
https://www.accutrend.com/wp-content/uploads/2024/01/How-to-effectively-start-your-Small-Business.jpg 1250 2000 Abstrakt Marketing /wp-content/uploads/2023/08/LOGO_ADC.webp Abstrakt Marketing2024-01-19 13:50:572025-06-24 13:46:28How to Effectively Start a Small Business Checklist

Why Market Research for Small Businesses Is Essential

New Business Data
Learn how conducting market research for a small business will make your investment worthwhile.
January 19, 2024
https://www.accutrend.com/wp-content/uploads/2024/01/Why-Market-Research-for-Small-Businesses-Is-Essential.jpg 1250 2000 Abstrakt Marketing /wp-content/uploads/2023/08/LOGO_ADC.webp Abstrakt Marketing2024-01-19 13:32:302025-06-24 13:46:29Why Market Research for Small Businesses Is Essential

Exploring New Business Registrations: A Comparative Analysis of 2022 & 2023 Trends Across Industries

New Business Data
August 10, 2023
https://www.accutrend.com/wp-content/uploads/2023/09/Exploring-New-Business-Registrations_-A-Comparative-Analysis-of-2022-2023-Trends-Across-Industries.jpg 1250 2000 Abstrakt Marketing /wp-content/uploads/2023/08/LOGO_ADC.webp Abstrakt Marketing2023-08-10 10:28:002023-09-27 10:33:08Exploring New Business Registrations: A Comparative Analysis of 2022 & 2023 Trends Across Industries

The Power of High-Quality Business Information: Unlocking Business Growth

Corporate Business Data
June 16, 2023
https://www.accutrend.com/wp-content/uploads/2023/09/The-Power-of-High-Quality-Business-Information_-Unlocking-Business-Growth.jpg 1250 2000 Abstrakt Marketing /wp-content/uploads/2023/08/LOGO_ADC.webp Abstrakt Marketing2023-06-16 10:21:002023-09-27 10:25:24The Power of High-Quality Business Information: Unlocking Business Growth
Previous Previous Previous Next Next Next

Categories

  • B2B Business Data
  • Corporate Business Data
  • Data Trends
  • Digital Marketing
  • Executive Business Data
  • Executive Business Data Solutions
  • Finance
  • Holistic Executive Business Data
  • Industry
  • Merchant Cash Data
  • Miscellaneous
  • New Business Data
  • SoS Business Data
  • UBO
  • UCC Collateral
  • UCC Data
  • Uniform Commercial Code
  • US Data Information

Contact Us

"*" indicates required fields

Click here to Opt Out of data collection
This field is for validation purposes and should be left unchanged.

Contact Us

7860 E. Berry Pl. Suite 200
Greenwood Village, CO 80111

1.800.488.0011 

info@accutrend.com

About Us

Accutrend is a privately held business solutions company that provides comprehensive business data solutions for companies across the globe.

Blog

View Recent Posts >

Stay Connected

  • Link to Facebook
  • Link to LinkedIn
  • Link to Instagram
  • Link to Facebook
  • Link to Facebook
Website by Abstrakt Marketing Group ©
  • Privacy Policy
  • Sitemap
Scroll to top Scroll to top Scroll to top

This site uses cookies. By continuing to browse the site, you are agreeing to our use of cookies.

AcceptLearn more

Cookie and Privacy Settings



How we use cookies

We may request cookies to be set on your device. We use cookies to let us know when you visit our websites, how you interact with us, to enrich your user experience, and to customize your relationship with our website.

Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.

Essential Website Cookies

These cookies are strictly necessary to provide you with services available through our website and to use some of its features.

Because these cookies are strictly necessary to deliver the website, refusing them will have impact how our site functions. You always can block or delete cookies by changing your browser settings and force blocking all cookies on this website. But this will always prompt you to accept/refuse cookies when revisiting our site.

We fully respect if you want to refuse cookies but to avoid asking you again and again kindly allow us to store a cookie for that. You are free to opt out any time or opt in for other cookies to get a better experience. If you refuse cookies we will remove all set cookies in our domain.

We provide you with a list of stored cookies on your computer in our domain so you can check what we stored. Due to security reasons we are not able to show or modify cookies from other domains. You can check these in your browser security settings.

Other external services

We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page.

Google Webfont Settings:

Google Map Settings:

Google reCaptcha Settings:

Vimeo and Youtube video embeds:

Accept settingsHide notification only