Starting a Business? PA’s the Place to Be

In 2026, we’re all about our business, baby. 😎💼 We’re minding our own and getting right down to it. All we need now is a fancy briefcase and a snappy suit and we’ll be wheelin’ and dealin’. 🥳

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Thinking about starting a business? 🤔 Your chance of success might depend on which state you’re in. And if you’re in Pennsylvania, you’re a step closer to becoming a thriving boss bro/babe. ✅

Here’s Five Fast Facts on new businesses in Pennsylvania:

1. 💪 Like a Boss - According to recent data from the U.S. Bureau of Labor Statistics, PA ranks in the top three states for five-year new business survival. In the Keystone State, roughly 56% of new businesses still have their doors open after five years. 

2. 🙈 Failing Forward - PA’s new biz survival rate is significantly higher than the national average. As a country, around 51.6% of new businesses fail within their first five years.

3. 🚀 Take Me Home, Country Roads - Which other states rounded out the top three? Pennsylvania tied with Alaska at 56%. Connecticut came in second with a 57.5% survival rate. West Virginia took the number one spot with 57.6%.

4. 📉 Bottom Feeders - Washington is the nation’s biggest business loser. There, only 41.1% of businesses make it after five years. Who else is in the bottom three? Missouri (43.2%) and Washington, DC (44.7%).
   
5. 💰 Growing Up - These new stats are just one recent win for Pennsylvania and business. According to another recent analysis by Moody’s, PA is the only state in the Northeast with a growing economy.

🔥Bottom line: Starting a business is one of the bravest things a person can do! Why not give yourself a good start in the Keystone State? Planning a road trip in an electric vehicle? If the PA turnpike’s part of the plan, you might be in luck. The state’s first federally funded charging station is up, running, and a rest stop away. Read more about it here!

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Are you a PA biz owner?

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