Graph and download economic data for Business Applications: Total for All NAICS in the United States (BABATOTALSAUS) from Jul 2004 to May 2025 about business applications, business, and USA.

The Business Dynamics Statistics (BDS) includes measures of establishment openings and closings, firm startups, job creation and destruction by firm size, age, and industrial sector, and several other statistics on business dynamics. The U.S. economy is comprised of over 6 million establishments with paid employees. The population of these businesses is constantly churning -- some businesses grow, others decline and yet others close. New businesses are constantly replenishing this pool. The BDS series provide annual statistics on gross job gains and losses for the entire economy and by industrial sector, state, and MSA. These data track changes in employment at the establishment level, and thus provide a picture of the dynamics underlying aggregate net employment growth.

There is a longstanding interest in the contribution of small businesses to job and productivity growth in the U.S. Some recent research suggests that it is business age rather than size that is the critical factor. The BDS permits exploring the respective contributions of both firm age and size.

BDS is based on data going back through 1976. This allows business dynamics to be tracked, measured and analyzed for young firms in their first critical years as well as for more mature firms including those that are in the process of reinventing themselves in an ever changing economic environment.

If you need help understanding the terms used, check out these definitions.

Data Dictionary

This statistic shows the percentage of change in the number of small businesses operating in the United States from 2002 to 2012, broken down by the owner's gender. Between 2007 and 2012, the number of women-owned small businesses increased by 13.8 percent.

In the first quarter of 2024, 322,000 new businesses were formed in the United States. This is a slight decrease from the previous quarter, when 327,000 new businesses were formed. In the second quarter of 2020, new business starts experienced a dip to 227,000, but have picked up quickly in subsequent quarters.

United States US: Business-Financed BERD: Compound Annual Growth Rate data was reported at 6.726 % in 2022. This records a decrease from the previous number of 7.446 % for 2020. United States US: Business-Financed BERD: Compound Annual Growth Rate data is updated yearly, averaging 5.782 % from Dec 1982 (Median) to 2022, with 37 observations. The data reached an all-time high of 11.272 % in 1984 and a record low of -5.600 % in 2002. United States US: Business-Financed BERD: Compound Annual Growth Rate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.MSTI: Business Enterprise Investment on Research and Development: OECD Member: Annual.

Key information about US Business Confidence Growth

• United States Business Confidence grew 5.4 % in Feb 2025, compared with an increase of 4.0 % YoY in the previous month.
• US Business Confidence: YoY Change is updated monthly, available from Jan 1949 to Feb 2025, with an averaged rate of 0.2 %.
• The data reached an all-high of 90.0 % in Jun 1950 and a record low of -70.8 % in Jul 1951.

This statistic shows the percentage of change in employment among women-owned firms from 2007 to 2018. U.S. women-owned businesses with more than 500 employees increased employment by 9.1 percent between 2007 and 2018.

About 1.5 million jobs are created in the US every year by small businesses alone. This means that 64% of all job creation comes from small businesses.

These small business statistics will tell you everything you need to know about the growth of business and where it’s going in the future.

Forecast: Business Enterprise Expenditure on R&D Compound Annual Growth Rate in the US 2024 - 2028 Discover more data with ReportLinker!

In December 2024, the Business Confidence Index (BCI) of the United States stood at *****. This is a slight decrease from the previous month, confirming a general downward trend that began at the end of 2021. The BCI is an indicator for the confidence of businesses regarding production developments, and the movement of finished goods. A BCI value above *** indicates an increase in business confidence and potential growth in economic activity. A value below *** indicates potential decreases in business performance in the future.

Editor’s Choice

• The Global Business Intelligence Market size is expected to be worth around USD 26.5 Billion by 2033, from USD 5.9 Billion in 2023, growing at a CAGR of 16.2% during the forecast period from 2024 to 2033.
• By 2023, over 33% of large-sized businesses will utilize decision intelligence practices.
• The global business intelligence and analytics market is expected to reach $55.48 billion by 2026, growing at a CAGR of 10.1% from 2021 to 2026.
• 94% of organizations rated business intelligence and analytics as either critical or very important to their business success. (Source: Dresner Advisory Services)
• Data-driven organizations are 23 times more likely to acquire customers, 6 times more likely to retain customers, and 19 times more likely to be profitable compared to their peers. (Source: McKinsey)
• About 97.2% of executives reported that their organizations are investing in or planning to invest in big data and AI to drive decision-making. (Source: NewVantage Partners)
• By 2022, 90% of corporate strategies will explicitly mention information as a critical enterprise asset and analytics as an essential competency.

The following small business statistics broken down by industry to help you understand the small business landscape better.

Business service centers have experienced notable fluctuations in recent years, which have been influenced by shifts in e-commerce activity. E-commerce sales play a crucial role in driving demand for services like packaging, labeling and shipping, which comprise a significant part of the business service centers' portfolio. As consumer shopping preferences increasingly lean toward online platforms, these centers have adapted, expanding their offerings to complement the rising e-commerce demands. While the pandemic negatively impacted many industries, business service centers found resilience through this accelerated shift toward online shopping, causing revenue to expand in 2020. As the pandemic ended, growth in e-commerce sales slowed down as more consumers returned to physical shopping experiences, causing a slackening of demand for services tied directly to online sales. Despite this deceleration, steady technological advancements and the persistent appeal of online shopping have sustained a level of positive growth for the industry from 2021 onwards, raising providers’ profit. Revenue growth slowed in 2023 and 2024 as recessionary fears have caused companies to pull back on investing in business service centers’ products. This trend is expected to reverse as the Federal Reserve reduces interest rates, tempering recession concerns. Overall, revenue for business service centers has crept upward at a CAGR of 1.2% over the past five years, reaching $15.4 billion in 2025, including a 2.0% jump in revenue in that year. Looking ahead, the industry is poised for a dynamic shift influenced by emerging technologies and economic growth. As inflation moderates and interest rates decline, solid economic conditions will enhance demand for business service centers, bolstering revenue growth. The adaptation to digital solutions will continue, with larger providers leveraging technologies like artificial intelligence (AI) to innovate their packaging and labeling services, which will become a more significant product segment as the need for print services declines. Outsourcing will expand as emerging markets offer cost-efficient service opportunities, enabling larger centers to further reduce operational costs. Nevertheless, smaller providers will need to specialize in niche services and optimize cost efficiencies to remain competitive. Overall, revenue for business service centers is forecast to swell at a CAGR of 2.9% over the next five years, reaching $17.7 billion in 2030.

In 2021, about **** million small business firms with employees were counted in the United States. That same year, there were around ** million non-employer small businesses.

One of the cool things about most small business owners is that they come from all different demographics and backgrounds.

Graph and download economic data for Nonfinancial Noncorporate Business; Capital Formation, Net, Transactions (NNBCFNQ027S) from Q4 1946 to Q1 2025 about noncorporate, IMA, transactions, nonfinancial, capital, business, Net, and USA.

U.S. Small Business Loan Market size was valued at USD 30,833.44 Million in 2023 and is projected to reach USD 56,135.67 Million by 2031, growing at a CAGR of 8.94% during the forecast period 2024-2031.The U.S. Small Business Loan Executive SummaryA small business loan is a form of financing offered to small businesses by banks, credit unions, or alternative lenders for a variety of uses, including beginning a new business, growing an existing one, buying inventory or equipment, paying for operating costs, or fulfilling other financial requirements. These loans often have terms and circumstances that are different from those of loans provided to larger firms, and they are designed specifically to meet the needs of small enterprises. There are several methods to organize small business loans: SBA (Small Business Administration) loans, invoice financing, term loans, credit lines, equipment financing, and more. The borrower's creditworthiness, the lender's policies, and the loan's intended use are some of the variables that affect the conditions of the loan, including interest rates, payback schedules, and collateral requirements. These loans are essential in helping small business owners and entrepreneurs launch, grow, and maintain their enterprises, which promotes economic growth and employment generation. But getting a small company loan frequently calls for thorough preparation, supporting documentation, and a strong business plan that demonstrates the borrower's capacity to pay back the loan.The growing need for U.S. Small Business Loan Market is driven by several factors, including the increasing number of start-ups and small businesses, availability of a variety of loan options tailored to meet the unique needs of small businesses, technological advancements in financial services, and changing consumer behavior. The United States has a supportive ecosystem for small businesses, with resources such as business incubators, accelerators, mentorship programs, and networking opportunities. These resources provide guidance, funding, and support services to aspiring entrepreneurs, helping them navigate the complexities of starting and growing a business. Thus, the number of small businesses is continuously growing in the United States. However, high interest rates act as a significant constraint on the growth of U.S. Small Business Loan Market. Businesses can be discouraged from taking out loans, leading to reduced borrowing activity and slower market growth.

In 2024, the fastest growing private company in Michigan was DQS Solutions & Staffing, headquartered in Dearborn. That year, the company experienced a three-year growth rate of 9,912 percent. Following DQS Solutions & Staffing was Refloor, which had a three-year growth rate of 2,983 percent.

Forecast: Business Enterprise Expenditure on R&D Growth Rate in the US 2024 - 2028 Discover more data with ReportLinker!