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The Statistics of U.S. Businesses (SUSB) provides detailed annual data for all U.S. business establishments with paid employees by geography, industry, and enterprise size. This program covers all NAICS industries except crop and animal production; rail transportation; National Postal Service; pension, health, welfare, and vacation funds; trusts, estates, and agency accounts; private households; and public administration. The SUSB also excludes most government employees. Further, SUSB data for years 1988-1997 were tabulated based on the Standard Industrial Classification (SIC) system. The SUSB features several arts-related NAICS industries, including the following: Arts, entertainment, and recreation (NAICS Code 71) Performing arts companies Spectator sports Promoters of performing arts, sports, and similar events Independent artists, writers, and performers Museums, historical sites, and similar institutions Amusement parks and arcades Professional, scientific, and technical services (NAICS Code 54) Architectural services Graphic Design Services Landscape architectural services Photographic services Retail trade (NAICS Code 44-45) Sporting goods, hobby, and musical instrument stores Sewing, needlework, and piece goods stores Book stores Art dealers Also, the SUSB features several arts related SIC industries, including the following: Commercial photography (SIC Code 7335) Commercial art and graphic design (SIC Code 7336) Museums and art galleries (SIC Code 8412) Dance studios, schools, and halls (SIC Code 7911) Theatrical producers and services (SIC Code 7922) Sports clubs, managers, & promoters (SIC Code 7941) Motion Picture Production & Services (SIC Code 7810) Data compiled for the SUSB are extracted from the Business Register (BR). The BR contains continuously updated data from the Census Bureau's economic censuses and currently business surveys, quarterly and annual Federal tax records and other department and federal statistics. SUSB data are available approximately 24 months after each reference year and are available for the United States, each state, and Metropolitan Statistical Areas (MSA). The annual SUSB consist of number of firms, number of establishments, annual payroll, and employment during the week of March 12. In addition, estimated receipts data are included for years ending in 2 and 7. Dynamic data, which are created from the Business Information Tracking Series (BITS), consist of the number of establishments and corresponding employment change for births, deaths, expansions, and contractions. The SUSB is important because it provides the only source of annual, complete, and consistent enterprise-level data for U.S. businesses, with industry detail. Private businesses use the data for market research, strategic business planning, and managing sales territories. State and local governments, as well as, budget, economic development, and planning offices use the data to assess business changes, develop fiscal policies, and plan future policies and programs. In addition, the data are the standard reference source for small business statistics. Users can view the latest SUSB annual data and employment change data on the main SUSB page. For more detailed industry and employment size classes, users can download additional data in comma-delimited format. Annual data are tabulated back to 1988 and employment change data back to 1989-1990. Data users can find news and updates about the SUSB data via the News & Updates section.
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TwitterIn 2022, there were about **** million small businesses in the professional, scientific, and technical services industry. Of these, ******* had between one and 19 employees in the same industry.
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TwitterIn the second quarter of 2024, 61 percent of surveyed small business owners indicated that the health of their business was in good shape. A further 24 percent of respondents said the health of their business was about average. At the end of 2019, small businesses in "very good" health peaked at 43 percent. By the end of 2020, this number fell to 25 percent in the wake of the COVID-19 pandemic.
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TwitterThe Economic Census is the U.S. Government's official five-year measure of American business and the economy. It is conducted by the U.S. Census Bureau, and response is required by law. In October through December of the census year, forms are sent out to nearly 4 million businesses, including large, medium and small companies representing all U.S. locations and industries. Respondents were asked to provide a range of operational and performance data for their companies. This dataset presents company, establishments, value of shipments, value of product shipments, percentage of product shipments of the total value of shipments, and percentage of distribution of value of product shipments.
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Nonemployer Statistics is an annual series that provides statistics on U.S. businesses with no paid employees or payroll, are subject to federal income taxes, and have receipts of $1,000 or more ($1 or more for the Construction sector). This program is authorized by the United States Code, Titles 13 and 26. Also, the collection provides data for approximately 450 North American Industry Classification System (NAICS) industries at the national, state, county, metropolitan statistical area, and combined statistical area geography levels. The majority of NAICS industries are included with some exceptions as follows: crop and animal production; investment funds, trusts, and other financial vehicles; management of companies and enterprises; and public administration. Data are also presented by Legal Form of Organization (LFO) (U.S. and state only) as filed with the Internal Revenue Service (IRS). Most nonemployers are self-employed individuals operating unincorporated businesses (known as sole proprietorships), which may or may not be the owner's principal source of income. Nonemployers Statistics features nonemployers in several arts-related industries and occupations, including the following: Arts, entertainment, and recreation (NAICS Code 71) Performing arts companies Spectator sports Promoters of performing arts, sports, and similar events Independent artists, writers, and performers Museums, historical sites, and similar institutions Amusement parks and arcades Professional, scientific, and technical services (NAICS Code 54) Architectural services Landscape architectural services Photographic services Retail trade (NAICS Code 44-45) Sporting goods, hobby, and musical instrument stores Sewing, needlework, and piece goods stores Book stores Art dealers Nonemployer Statistics data originate from statistical information obtained through business income tax records that the Internal Revenue Service (IRS) provides to the Census Bureau. The data are processed through various automated and analytical review to eliminate employers from the tabulation, correct and complete data items, remove anomalies, and validate geography coding and industry classification. Prior to publication, the noise infusion method is applied to protect individual businesses from disclosure. Noise infusion was first applied to Nonemployer Statistics in 2005. Prior to 2005, data were suppressed using the complementary cell suppression method. For more information on the coverage and methods used in Nonemployer Statistics, refer to NES Methodology. The majority of all business establishments in the United States are nonemployers, yet these firms average less than 4 percent of all sales and receipts nationally. Due to their small economic impact, these firms are excluded from most other Census Bureau business statistics (the primary exception being the Survey of Business Owners). The Nonemployers Statistics series is the primary resource available to study the scope and activities of nonemployers at a detailed geographic level. For complementary statistics on the firms that do have paid employees, refer to the County Business Patterns. Additional sources of data on small businesses include the Economic Census, and the Statistics of U.S. Businesses. The annual Nonemployer Statistics data are available approximately 18 months after each reference year. Data for years since 2002 are published via comma-delimited format (csv) for spreadsheet or database use, and in the American FactFinder (AFF). For help accessing the data, please refer to the Data User Guide.
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TwitterDuring a ********** survey, **** percent of surveyed small businesses in the United States claimed that the COVID-19 pandemic had a large negative effect on business. In comparison, only *** percent of respondents said that the pandemic had a large positive effect on their business.
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TwitterThis statistic shows small business owners' responses to a survey question asked from 2010 to 2017, about increases in business revenue. In 2017, 38 percent of small business owners surveyed said revenue had increased in the last year.
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TwitterThis 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 **** percent.
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TwitterKey small business statistics for 2025, covering total businesses, AI adoption, job creation, employment share, failure rates, non-employer firms, and top US states.
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TwitterNonemployer Statistics is an annual series that provides subnational economic data for businesses that have no paid employees and are subject to federal income tax. The data consist of the number of businesses and total receipts by industry. Most nonemployers are self-employed individuals operating unincorporated businesses (known as sole proprietorships), which may or may not be the owner's principal source of income. The majority of all business establishments in the United States are nonemployers, yet these firms average less than 4 percent of all sales and receipts nationally. Due to their small economic impact, these firms are excluded from most other Census Bureau business statistics (the primary exception being the Survey of Business Owners). The Nonemployers Statistics series is the primary resource available to study the scope and activities of nonemployers at a detailed geographic level. For complementary statistics on the firms that do have paid employees, refer to the County Business Patterns. Additional sources of data on small businesses include the Economic Census, and the Statistics of U.S. Businesses.
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This data set provides statistics about employer and nonemployer businesses from 2020 for the nation, states, and metropolitan statistical areas (MSA). It includes the number of firms, revenue, number of employees, and annual payroll, broken down by industry and owner demographics including as sex, ethnicity, race, and veteran status.About NES-DThe Nonemployer Statistics by Demographics series (NES-D) provides information on the demographic characteristics of nonemployer businesses. The NES-D is the result of a research project by the Census Bureau to complete the picture of U.S. business ownership by demographics for the United States. Historically, the quinquennial Survey of Business Owners (SBO) provided the only comprehensive source of information on both employer and nonemployer businesses by demographic characteristics of the business owners. In 2017, the SBO was replaced by the Annual Business Survey (ABS). The ABS is an annual survey that collects demographic characteristics from employer businesses. However, the ABS excludes the collection of demographic data from nonemployer businesses. The NES-D was developed to produce similar estimates as ABS on owner demographics for nonemployer businesses. The NES-D is not a survey; rather, it leverages existing individual-level administrative records to assign demographic characteristics to the universe of nonemployer businesses. Demographic characteristics including sex, ethnicity, race, veteran status, owner age, place of birth, and U.S. citizenship are assigned to nonemployer business owners.Together, the NES-D and the ABS will continue to provide the only source of detailed and comprehensive statistics on the scope, nature and activities of all U.S. businesses by the demographic characteristics of the business owners. NES-D data will be available annually by detailed geography and industry levels, receipt-size class, and legal form of organization (LFO). Beginning with the 2019 NES-D, the data will include urban and rural classification.
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TwitterThis survey shows an outlook of small business owners on their company's revenue development over the next 12 months in the United States from 2016 to 2020, by quarter. In the fourth quarter of 2020, about ** percent of small business owners stated their revenue would increase a little/a lot until the fourth quarter of 2021.
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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.
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Graph and download economic data for Percent of Value of Loans Backed by Small Business Administration (SBA), Secured by Collateral, Large Domestic Banks (DISCONTINUED) (ESBXSLNQ) from Q3 2012 to Q2 2017 about SBA, collateral, large, percent, domestic, securities, loans, banks, depository institutions, and USA.
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Business brokers endured significant hardship amid economic headwinds, slumping new deal volumes and the persistent effects of national interest rates on businesses’ acquisition capacity. Despite the higher access to credit, business brokers endured sharp declines, particularly in 2022 and 2023, due to inflationary spikes, rising interest rates and an inconsistent mergers & acquisition (M&A) climate. In contrast to merger and acquisition advisers, business brokers focus on companies valued at less than $2.0 million, often finding the ultimate buyer near the company's location. According to S&P Global, overall transaction values slumped to $1.0 trillion in 2024 from a high of $1.8 trillion in 2021, which limited the range of lucrative contracts available for brokers and bolstered local competition across the small business space. The acceleration of interest rates in 2022 and 2023 to combat inflation also curtailed small businesses’ fiscal flexibility and lowered commission revenue from business transactions for brokers. Revenue fell at a CAGR of 3.3% to an estimated $1.0 billion over the past five years, including an estimated 1.8% boost in 2025 alone. Brokers’ lack of market concentration continues to influence the national landscape. In 2022, 47.6% of all business brokers were nonemploying establishments, which traditionally earn between 5.0% and 10.0% of the ultimate sale price in commission. In recent years, optimism surrounding the business-for-sale market has increased among business brokers; however, the effects of high interest rates and a restrictive borrowing environment remains the biggest barrier to further growth, according to the IBBA. A slowdown in the M&A space, coupled with greater proliferation of DIY alternatives, caused profit to stagnate. Moving forward, the continued uncertainty surrounding interest rates, higher borrowing costs and deceleration in the number of businesses and aggregate private investment is expected to yield slower revenue growth. Nonetheless, the continuity of lower middle market (LMM) transaction demand, coupled with favorable demographic trends, will benefit brokers. A rapidly rising retiree population, as evident by the anticipated 2.4% boost in adults over the age of 65, will generate more business sale opportunities across different geographies. The expansion of technology will allow brokers to expand service efficiency, reducing dependence on manual labor by automating remedial tasks such as data gathering and market research. However, local competitors and the continued presence of DIY alternatives will dampen larger growth. Revenue is expected to grow at a CAGR of 2.0% to an estimated $1.2 billion over the next five years.
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Outsourcing Statistics: In today's global economy, outsourcing plays a pivotal role in business operations, offering companies cost-effective solutions and access to specialized expertise. Recent statistics shed light on the widespread adoption and impact of outsourcing. According to data from Statista, the global outsourcing market was valued at USD 92.5 billion in 2021, with a projected growth rate of 5.84% from 2022 to 2028. Furthermore, a report by Deloitte revealed that 59% of companies outsource to cut costs, while 57% outsource to focus on core business functions. These figures underscore the significant role outsourcing plays in modern business strategies, driving efficiency and enabling organizations to stay competitive in a rapidly evolving landscape. As we delve deeper into outsourcing statistics, it becomes evident that its influence extends across industries and geographies, shaping the way businesses operate and thrive in today's interconnected world. Editor’s Choice The global spending on outsourcing surged to approximately USD 731 billion in 2023, reflecting its significant economic impact and widespread adoption across industries. An overwhelming 92% of G2000 companies leverage IT outsourcing services, emphasizing the prevalent reliance on outsourcing to meet technological needs. Business process outsourcing contributes significantly to the Philippines' economy, accounting for 9% of its GDP, highlighting the country's pivotal role in the outsourcing landscape. Approximately 37% of small businesses outsource at least one business process, demonstrating the accessibility and benefits of outsourcing for organizations of varying sizes. China's services outsourcing industry witnesses a substantial influx of over one million new employees annually, indicating the sector's robust growth and employment opportunities. The global outsourcing industry was valued at USD 620.381 billion in 2020 and is projected to reach USD 904.948 billion by 2027, showcasing its continuous expansion and market potential. India, known as the "Outsourcing Capital of the World," excels in various outsourcing domains, including IT services, software development, customer support, and back-office operations, leveraging its abundant talent pool and technological expertise. Southeast Asian countries like Malaysia, Vietnam, and Thailand specialize in IT outsourcing, business support functions, and digital marketing, offering competitive solutions to global businesses. The US market dominates the global outsourcing business, generating USD 62 billion of the total international income from the industry, underscoring its significance in the global outsourcing landscape. Information technology remains the most outsourced industry, with 37% of IT operations being outsourced, highlighting the sector's reliance on outsourcing for specialized services and expertise. The outsourcing industry is anticipated to witness a compound annual growth rate of 4% between 2021 and 2025, indicating steady expansion and opportunities for market players. Since the pandemic, 45% of businesses have expressed intentions to increase outsourcing, emphasizing the growing importance of outsourcing in business strategies, particularly in accessing specialized skill sets and enhancing efficiency. Cloud computing has opened up more outsourcing opportunities, with 90% of businesses able to leverage remote professionals, indicating the transformative impact of technology on the outsourcing landscape. You May Also Like To Read Business Intelligence Statistics Networking Statistics Diversity in Tech Statistics Robotics Industry Statistics
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Number of Businesses statistics on the Small Specialty Retail Stores industry in the US
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TwitterThe number of small and medium-sized enterprises in the United States was forecast to continuously decrease between 2024 and 2029 by in total 6.7 thousand enterprises (-2.24 percent). After the fourteenth consecutive decreasing year, the number is estimated to reach 291.94 thousand enterprises and therefore a new minimum in 2029. According to the OECD an enterprise is defined as the smallest combination of legal units, which is an organisational unit producing services or goods, that benefits from a degree of autonomy with regards to the allocation of resources and decision making. Shown here are small and medium-sized enterprises, which are defined as companies with 1-249 employees.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).
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TwitterFinancial overview and grant giving statistics of United States Association for Small Business and Entrepreneurship
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TwitterThe Economic Census is the U.S. Government's official five-year measure of American business and the economy. It is conducted by the U.S. Census Bureau, and response is required by law. In October through December 2012, forms were sent out to nearly 4 million businesses, including large, medium and small companies representing all U.S. locations and industries. Respondents were asked to provide a range of operational and performance data for their companies.
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The Statistics of U.S. Businesses (SUSB) provides detailed annual data for all U.S. business establishments with paid employees by geography, industry, and enterprise size. This program covers all NAICS industries except crop and animal production; rail transportation; National Postal Service; pension, health, welfare, and vacation funds; trusts, estates, and agency accounts; private households; and public administration. The SUSB also excludes most government employees. Further, SUSB data for years 1988-1997 were tabulated based on the Standard Industrial Classification (SIC) system. The SUSB features several arts-related NAICS industries, including the following: Arts, entertainment, and recreation (NAICS Code 71) Performing arts companies Spectator sports Promoters of performing arts, sports, and similar events Independent artists, writers, and performers Museums, historical sites, and similar institutions Amusement parks and arcades Professional, scientific, and technical services (NAICS Code 54) Architectural services Graphic Design Services Landscape architectural services Photographic services Retail trade (NAICS Code 44-45) Sporting goods, hobby, and musical instrument stores Sewing, needlework, and piece goods stores Book stores Art dealers Also, the SUSB features several arts related SIC industries, including the following: Commercial photography (SIC Code 7335) Commercial art and graphic design (SIC Code 7336) Museums and art galleries (SIC Code 8412) Dance studios, schools, and halls (SIC Code 7911) Theatrical producers and services (SIC Code 7922) Sports clubs, managers, & promoters (SIC Code 7941) Motion Picture Production & Services (SIC Code 7810) Data compiled for the SUSB are extracted from the Business Register (BR). The BR contains continuously updated data from the Census Bureau's economic censuses and currently business surveys, quarterly and annual Federal tax records and other department and federal statistics. SUSB data are available approximately 24 months after each reference year and are available for the United States, each state, and Metropolitan Statistical Areas (MSA). The annual SUSB consist of number of firms, number of establishments, annual payroll, and employment during the week of March 12. In addition, estimated receipts data are included for years ending in 2 and 7. Dynamic data, which are created from the Business Information Tracking Series (BITS), consist of the number of establishments and corresponding employment change for births, deaths, expansions, and contractions. The SUSB is important because it provides the only source of annual, complete, and consistent enterprise-level data for U.S. businesses, with industry detail. Private businesses use the data for market research, strategic business planning, and managing sales territories. State and local governments, as well as, budget, economic development, and planning offices use the data to assess business changes, develop fiscal policies, and plan future policies and programs. In addition, the data are the standard reference source for small business statistics. Users can view the latest SUSB annual data and employment change data on the main SUSB page. For more detailed industry and employment size classes, users can download additional data in comma-delimited format. Annual data are tabulated back to 1988 and employment change data back to 1989-1990. Data users can find news and updates about the SUSB data via the News & Updates section.