Price stability and a strengthening economy, highlighted by a tightening labor market, likely will push the Federal Reserve a step closer to raising interest rates later this year.
By overcoming market failure in the development and financing of early-stage technology, the SBIR program makes possible commercial activity that would not otherwise have occurred.
The fall in new company starts does not necessarily mean that the American economy is less dynamic than it used to be, or that Americans are opening up new establishments at a lower rate than they did in the late 1970s.
Customers tend to stay home in extreme weather conditions like the U.S. is now facing. But data show they are more likely to come back during cold snaps like this one.