The Pandemic Small Business Boom Is Still Helping to Fuel the Economy

Published On Oct 4, 2024, 5:03 AM

The article discusses the rapid rise of new businesses during the pandemic, highlighting the entrepreneurial spirit that emerged as Americans had time and resources to invest in their own ventures. One notable example is Rotor Technologies, founded by Hector Xu, which converts helicopters into remotely piloted drones. Despite challenges like supply chain disruptions and high inflation, many new businesses are thriving. This trend indicates not only job growth but also a potential long-term impact on the economy as these startups bring innovation and workforce opportunities.