Statistics about small businesses and their importance to the U.S. economy |
|
|
Here are some interesting statistics on the importance of small businesses to the U.S. economy:
Small businesses contribute about 50% of the U.S. gross domestic product.
Two-thirds of new jobs are created by small businesses.
Financial industry spending on the small business market is expected to grow at 12.8% annual rate through 2009, according to the Tower Group.
89% of all U.S. businesses have less than $1 million in annual sales.
Millions of business have fewer than five employees, including 67% of service businesses and 60% of all retail.
Growth businesses — defined as growing 25% faster than normal — account for 27% of all U.S. businesses.
|
|
|
|
|
|
|
|
|