New Business Registrations and Discontinuances in Onondaga, Cayuga, and Madison Counties
The County Clerk offices in Onondaga, Cayuga, and Madison counties have reported 57 new business registrations for the week of April 14 to 20. This is a significant increase compared to the previous week, which saw only 38 new business registrations. The majority of the new businesses are located in Onondaga County, with 32 registrations. Cayuga County saw 15 new registrations, while Madison County had 10.
Despite the increase in new business registrations, there were also three business discontinuances reported during this period. Two of the discontinuances were in Onondaga County, while the other was in Cayuga County. The reasons for the discontinuances were not disclosed.
The increase in new business registrations is a positive sign for the local economy. It suggests that entrepreneurs are confident in the future and are willing to invest in new businesses. The discontinuances, while unfortunate, are a reminder that businesses can fail for a variety of reasons. However, the overall trend of new business registrations is positive and should continue to support economic growth in the region.