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Growth Spurt in the Small-Business Economy


Entrepreneur:

2007 is off to a good start for the small-business economy, according to the February 2007 SurePayroll Small Business Scorecard, an economic indicator that tracks the health of U.S. small businesses.

In February, the SurePayroll Hiring Index increased 39 points, ending the month at 10,511 and marking the third consecutive month of hiring growth.

“February was the largest single-month percentage increase in hiring that we’ve seen since December 2004,” says Michael Alter, president of the online payroll service. “The United States small business economy is starting off 2007 with a very strong growth trend, especially compared to the lackluster growth we saw in 2006.”

Photo by MSDesign.

   

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