Story perspectives
New York Ranks 40th in Business Startup Viability
1/26/2025
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Story summary
- New York was ranked 40th in WalletHub's 2025 business startup analysis.
- The state faces challenges with low small business growth and high office rental costs.
- WalletHub evaluated states on business environment, resource access, and costs.
- While resource access received a good score, affordability and business survival rates remain problematic.
