Annual Report for the Office of Economic Research, FY 2022
In FY 2022, the Office of Economic Research continued to provide stakeholders and policymakers with timely research and analyses on the state of small businesses, including the economic impacts and recovery from the pandemic. Throughout the year, OER economists were involved in important initiatives in analyzing small business access to digital tools, small business considerations in regulatory modernization, and barriers of underserved businesses.
During FY 2022, OER issued twenty products, including the third annual Small Business Profiles for Congressional Districts, providing congressional offices with a valuable resource for understanding the small business makeup of their district. In addition, OER released two economic studies covering African-American entrepreneurship and pandemic impacts on business earnings by owner race and ethnicity and produced two fact sheets on small business innovation trends.