Facts About Small Businesses

In 2019, small businesses with 10–499 employees performed $70.6 billion worth of R&D work and employed over 500,000 R&D workers. Among businesses engaged in R&D, small businesses spend a much higher percentage of their sales on…

Experts often use patenting activity as a proxy for innovation. Data from the National Science Foundation show that small businesses that engage in R&D generate more patents per employee than larger businesses that engage in R&D.…

The Office of Advocacy’s Spring Economic Bulletin examines how small businesses continue to recover from the COVID-19 recession. Recent trends show small businesses have weathered the pandemic, but new challenges have arisen. Currently,…

New data from the U.S. Census Bureau indicates that the tightening labor market is disproportionately impacting smaller businesses. 23.4 percent of small businesses cited labor needs in August 2020, which increased to over 40 percent at…

Despite losing 9.1 million jobs in the first two quarters of 2020, small businesses job growth rebounded swiftly following the COVID-19 recession. In the four quarters following, small businesses have gained 5.5 million jobs, making up for…

Advocacy’s Small Business Finance Frequently Asked Questions details a broad range of finance data concerning small businesses in the United States. The FAQ is a convenient place to find information on small business financing, types and…

The Office of Advocacy’s bi-annual Economic Bulletin examines new data on how small businesses have recovered since the peak of the COVID-19 pandemic. Both self-employment and proprietor income have recovered…

Advocacy’s most popular publication, Frequently Asked Questions About Small Business, gathers the most up-to-date statistics about American small businesses in one place. Updated annually, the FAQ is a convenient place to find facts about…

The Office of Advocacy’s handy infographic, What’s New With Small Business, is a great source for several of the most commonly answered questions about small business. Infographic

Equally-owned businesses, which are businesses half owned by men and half owned by women, totaled 860,754 employers in 2018. These businesses employed 7,970,121 workers, generated $1.3 trillion in annual sales receipt, and paid $280…