The Kauffman Index of Entrepreneurial Activity (KIEA) is a leading indicator of new business creation in the United States. Capturing new business owners in their first month of significant business activity, this measure provides the earliest documentation of new business development across the country.
The percentage of the adult, non-business owner population that starts a business each month is measured using data from the Current Population Survey (CPS). This research brief presents new data on entrepreneurship rates by veteran status. Previously, the KIEA reports have presented estimates of entrepreneurship rates by gender, race, nativity, age group, education level, industry, state, and metropolitan statistical area (MSA), but have not presented results by veteran status. New data extracts for every month of CPS data from 1996 to 2011 were downloaded and compiled to create estimates of entrepreneurship rates by veteran status.