New biz registrations in Bend dip during lockdown
Longtime readers will recall that my office compiles data on new businesses registered in Bend. We call it the Bend Entrepreneur Report. I stopped regularly releasing the data because for a long time the numbers kept going up and all that good news gets boring. In 2020, we don’t have good news anymore and that’s true with the Entrepreneur Report. After a strong start to the year, the numbers took a dive in March (269 new registrations vs. 308 in 2019) and April but started coming back a bit in May. Though the numbers have dipped, it’s kind of remarkable that people were still forming as many new businesses as they did while the lockdown was in full force.
The yellow line in the chart below is 2020.