Well - I am not a Lawyer - but if there would be such a restriction I would believe it would’ve been mentioned explicitly in the licence and MS would not let that be a subject of guessing.
If you are an individual working on your own applications to sell or for any other purpose, you may use the software to develop and test those applications.
as a team you can still use it as long as you are not considered an “enterprise” … but the licence is actually pretty clear about that definition and what usage is allowed even for enterprises (open source, drivers for win, plugins for VS etc) - even there they don’t state any difference in “develop & testing” and acutally releasing something