DFX Intelligence Observatory

Signals: things worth knowing today

  • 145

    Wyoming received 145 business applications per 1,000 residents last year. The median state received 16.

  • 1 and 51

    Wyoming has the fastest business formation growth in America (+346% since 2019) and the slowest real economic growth (+3.7%). It ranks first of 51 on both.

  • 8

    8 states have more than doubled their business filings since 2019. Wyoming is up 346%.

  • 18.5% vs 7.7%

    The ten states adding business filings fastest grew their economies by a median 18.5% since 2019. The ten adding them slowest grew 7.7%.

  • 58%

    58% of American annual reports now mention artificial intelligence. In 2015 it was 0.4%.

Source: DFX Intelligence Observatory, derived from the datasets each signal cites. Retrieved August 24, 2026. Analysis by DFX Intelligence.

dfxintel.com/observatory