Friday, July 11, 2014

Positive Economic Indicators for Small Business

After almost five years of gradual economic recovery, we are seeing increasingly positive signs from small businesses. The establishment birth rate (the share of the average of the previous and current total number of establishments) has been showing slow, relatively steady increases. And the number of employers is on the rise, which is apparent in the increasing gap between establishment birth and death rates. Above all, prosperity is most evident in the upward trend of proprietors’ income, which has increased more than a third in recent years after a lackluster performance earlier in the decade.

More from
The Office of Advocacy's Small Business Quarterly Bulletin for First Quarter 2014.

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