But it was primarily tied to the lack of new business formation.

但主要还是因为没有新企业成立。

youdao

This is hardly unexpected, as beyond the city centre lie some of the most deprived bits of Britain, and the rate of new business formation in Liverpool is low.

这显然出乎人们意料之外，因为利物浦市中心外生活着一些最贫穷的英国人，而利物浦的新商业形成率也较低。

youdao

Some of that decline was because of business failures. But it was primarily tied to the lack of new business formation. The report's author, Scott Shane, writes.

这个下降部分原因是因为企业破产。但主要还是因为没有新企业成立。这份报告的作者，斯科特·谢恩，写道。

youdao

New business formation is down at the lowest level in 30 years under this administration.

WHITEHOUSE: The White House

For Dean Baker has pointed out that actually the US has a, by international standards, very low rate of new business formation.

FORBES: How Do We Create More Entrepreneurs In The US?

Entrepreneurial activity and new business formation in the United States dropped sharply during the economic downturn and has not fully rebounded.

FORBES: Fueling Economic Expansion through Investment in Entrepreneurs