Small Business Effects on the US Economy
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
Yvonne DiVita on January 11th, 2005 7:07 am
Missed this post originally. Good stuff. Small business rocks!
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