Advocacy Study Analyzes Veteran Business Owner Recovery from 2007-2013
The Office of Advocacy has released a new study entitled Income and Net Worth of Veteran Business Owners over the Business Cycle, 2007–2013. In the study, the author George Haynes examines the changing financial health of veterans during the recent recession and recovery. Veterans play a pivotal role in American society, so understanding their finances is a national priority and a key to expanding opportunities for their businesses. The report finds that veteran households with small businesses tended to be wealthier than veteran households without small businesses, except between 2007 through 2013, when both groups had similar income levels.
The study can be found on Advocacy’s website here.