Junjie Guo
Executive Summary:
Business formation in Wisconsin remains stable in 2024, continuing its trend from 2023, when business applications hovered around 5,400, and projected business formations hovered around 360.
For April 2024, business applications were 4,978, a decrease of 14.04% from a month ago. The corresponding growth rates for the Midwest and the U.S. are -1.70% and -0.47%, respectively.