Small Business Effects on the US Economy

January 10, 2005 by Dane | 1 Comment
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The estimated 23.7 million small businesses in the United States:

  • Have generated 60 to 80 percent of net new jobs annually over the last decade
  • Employ 50 percent of the country’s private workforce
  • Represent more than 97 percent of all the exporters of goods
  • Represent more than 99.7 percent of all employers
  • Generate a majority of the innovations that come from United States companies
  • Account for more than 40 percent of the offline economy of the United States

via Just For Small Business.

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