ABOVE-AVERAGE REGISTRATIONS MASK DEEPER PROBLEMS AI
While October’s 15,874 registrations sit above the 12-month moving average of 12,250 , this apparent strength is deceptive. The health ratio of just 1.24 means for every business that exits, only 1.24 new ones register—barely enough to maintain the status quo, let alone drive growth.
VULNERABLE BUSINESS TYPES REVEALED
The data shows SRLs (limited liability companies) dominate registrations at 9,342 , while PFAs (authorized individuals) follow at 5,935 . Both are highly vulnerable to economic downturns, with PFAs particularly exposed due to their individual nature and lack of corporate protections.