The Mid-Atlantic and Southern regions are fortifying their reputation as the best states for Black entrepreneurs, with the Gulf states of Louisiana and Florida joining their ranks thanks to an increase in Black business creation within their borders. This is the finding from Merchant Maverick’s annual report on the Best States for Black Entrepreneurs.
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Despite tightening interest rates, companies founded or co-founded by women netted over $36.3 billion for the year ending in October, down from 2021’s $42.6 billion.
The average worker may be wondering what kind of impact this recession could have on job security. If you’re a construction worker, auto technician, sales rep, fabricator, or part of middle management, you may want to have a backup plan if things take a turn for the worse, particularly if you live in one of the states hit hardest by recent inflation. Medical professionals, public employees, and truckers have less to worry about.
Inflation is taking a big bite out of Americans’ purchasing power, but residents of Southern states may be feeling the hit to their wallets more intensely than elsewhere. Merchant Maverick’s inaugural report, The 10 U.S. States Where Inflation Is Hitting Consumers The Hardest, looks not only at where inflation is rising the fastest, but how much existing factors within a given state may contribute to the stress on a household budget.
In Merchant Maverick’s inaugural data report on The Best States In Which To Survive Recession, our analysis found that the states in the best condition to mitigate the effects of a recession aren’t where you might expect. Most of them, as it turns out, are in the Heartland.
Despite continuing inequities and the COVID-19 pandemic, Black entrepreneurship is growing in record numbers. Because of America’s size and diversity, business success rates can vary heavily depending on location. To understand where in the US Black entrepreneurs are best positioned to succeed, Merchant Maverick set out to rank every state based on an array of metrics. Here are the most supportive states for Black-owned businesses.
The 10 best states for women-led startups, led by Colorado, shine when it comes to metrics of gender parity, cost of living, and tax rates. What’s more, investors in these states are finally giving a fair shake to women-owned startups. Despite COVID, 2021 was a record-shattering year as female-only founded startups across the nation collected $5.6 billion, up an astounding $2 billion from the previous record set in 2019
Merchant Maverick’s latest report contains a clear finding: customer-facing service jobs easily replaced by technology will disappear at a stunning rate. Seven job categories affected by technological advancements are estimated to drop nearly 20% on average by 2029. This means that roughly one out of every five employees who leaves one of these jobs over the next decade will not be replaced.
In this study, the “Best Tech Cities For Women In 2021″, we looked at 100 cities to analyze gender equality metrics on a city level as well as the overall economic viability of each city. Read on for a look at the 10 best (and worst) cities for women in tech.
Tech cities are the place to be if you want to earn big and keep more of what you earn, according to Merchant Maverick’s latest data report, “The 10 Best US Cities For Pay In 2021.” Our study ranked the 100 biggest US metro areas according to salary value, and the findings are clear: When it comes to high pay, tech cities come out on top, even accounting for the high cost of living in many places.