Monday, March 12, 2007

Small Business & Impact on a State Economy

You may have seen this already, but, in February, SBA's Office of Advocacy released a 40-page PDF version of a study called "Small Business and State Growth: An Econometric Investigation". (If you want to just read the highlights, go to the summary presented here.)

The authors looked at several years' worth of data that measures small firm "births" and "deaths" by individual state, and its effects on statewide personal income, employment, and other econometric tidbits.

Interesting (though not surprising) results came out of this. Check out the bulleted "highlights" from page 1 of the summary to read about them.

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