Why are business formation trends still going up even with all this economic uncertainty?

So i've been following some data on new business filings lately and honestly the numbers surprised me. Even with layoffs, higher costs, and interest rates doing whatever they're doing and people are still starting businesses at a really high rate. Like the formation numbers haven't really slowed down the way you'd expect them to.

I get that some of it is people getting laid off and going solo out of necessity. But that can't be all of it. Some states are seeing way more new businesses than others too which is interesting.

I am curious what you all think is driving this, is it confidence in the economy or more like desperation entrepreneurship?