Small Business Facts

Small businesses are important to rural counties. They operate 84.8% of establishments and employ 54.3% of workers. However, rural employment by small businesses has grown more slowly than total employment. Between 2012 and 2019, rural…

Advocacy has released its newest infographic, spotlighting America’s family farmers. Eighty-eight percent of all farms in the United States are family farms, and these farms produce billions in crops every year. Advocacy’s infographics use…

The Office of Advocacy’s summer economic bulletin analyzes the current state of the small business economy. Most small business indicators, including the number of firms and job creation numbers, look positive. However, instability in…

Advocacy has released its newest infographics spotlighting Asian American and Native Hawaiian and Pacific Islander-owned businesses. Asian-Americans own more than 2.9 million businesses, while Native Hawaiian and Pacific Islanders own…

Immigrant employer ownership increased from 15.08 percent in 2012 to 19.03 percent in 2020. At the same time, the share of foreign-born workers increased from 7.29 percent to 8.6 percent. For most business owner demographic categories, the…

Advocacy has released its newest infographic spotlighting women-owned businesses. Women business owners own over 12 million businesses and employ over 10.1 million workers. Advocacy’s infographic uses the most recent Census Bureau data to…

Advocacy has released its newest infographic spotlighting Black-owned businesses. Black business owners own over three million businesses and employ almost 1.2 million people. The infographic uses the most recent Census Bureau data to show…

The Office of Advocacy’s winter economic bulletin examines the continued recovery from the COVID-19 recession. Small business variables like self-employment, income, loan delinquencies, and loan balances have trends that represent…

Advocacy has released its newest infographic spotlighting veteran-owned businesses. Veterans own almost two million businesses and employ over five million Americans. The infographic uses the most recent Census Bureau data to show the…