Annual Report Of The Office Of Economic Research, FY 2020
To support Advocacy’s mission of examining the contributions of small businesses to the American economy, the Office of Economic Research (OER) spent FY 2020 providing timely and relevant research products, analyzing proposed regulations for small business impacts, and promoting and presenting its research and statistics to small business stakeholders.
In fiscal year 2020, OER published 21 research products, including a series on pandemic impacts. In the wake of the COVID-19 pandemic, OER economists used real-time economic datasets to help produce economic products that better informed policymakers about the impact of the pandemic on the small business community. Additionally, in FY 2020, the Census Bureau continued to make progress in its partnership with Advocacy to produce the Non-Employer Statistics by Demographics data series, an important data program in providing annual comprehensive statistics on women-owned, minority-owned, and veteran-owned businesses. OER also published the second consecutive year of the congressional district small business profiles, which spotlighted key statistics on small businesses in each congressional district.