Many a tear has been shed, especially by small businessmen, over the hard lot of new enterprises. But last week the Department of Commerce reported that the number of U.S. business firms rose by 200,000 in 1947 to a peak of 3,870,000. This was 14% above the previous alltime total (in September 1941). The rate of increase was on the decline. Reason: "the gradual disappearance of the more obvious opportunities for new enterprises which existed at war's end in construction and manufacturing."
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