My Profile   |   Contact Us   |   Sign In   |   Register
News & Press: SBA News

SBA Office of Advocacy Releases Data

Tuesday, May 26, 2009   (0 Comments)
Share |
SBA Office of Advocacy data states small firms:
 

• Represent 99.7 percent of all employer firms.

• Employ about half of all private sector employees.

• Pay nearly 45 percent of total U.S. private payroll.

• Have generated 60 to 80 percent of net new jobs annually over the last decade.

• Create more than half of nonfarm private gross domestic product (GDP).

• Hire 40 percent of high tech workers (such as scientists, engineers, and computer workers).

• Are 52 percent home-based and 2 percent franchises.

• Made up 97.3 percent of all identified exporters and produced 28.9 percent of the known export value in FY 2006.

• Produce 13 times more patents per employee than large patenting firms; these patents are twice as likely as large firm patents to be among the one percent most cited.

 


more Calendar

10/18/2016
WIPP Procurement Committee Meeting (4th Quarter)

10/26/2016
ChallengeHER Albuquerque

Featured Members
Angela HarpalaniNational Partner of the Month: September 2016. Read about Angela's business bit.ly/2caSIX5

Privacy Policy / Disclaimer    |    © WIPP  |    888-488-WIPP

Association Management Software Powered by YourMembership.com®  ::  Legal