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 share of immigrant employers is higher than the share of…
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Small Business Facts
Small Business Facts: Reasons for Being an Owner
While there are multiple reasons to own a small business, most firm owners cite wanting to be their own boss and…
Small Business Facts: An Overview of Immigrant Business Ownership
Immigrant owners consist of roughly 18 percent of business owners with employees and almost 23 percent of business…
Small Business Facts: Small Business Innovation Measured by Patenting Activity
Experts often use patenting activity as a proxy for innovation. Data from the National Science Foundation show…
Facts About Small Business: Small Business Hiring Needs
New data from the U.S. Census Bureau indicates that the tightening labor market is disproportionately impacting…
Small Business Facts: Small Business Job Creation
Despite losing 9.1 million jobs in the first two quarters of 2020, small businesses job growth rebounded swiftly…
Small Business Facts: Equally Male/Female-Owned Employer Businesses
Equally-owned businesses, which are businesses half owned by men and half owned by women, totaled 860,754 …
Small Business Facts: Science/High-Tech Workers and Small Firms
Small businesses play a special role in innovation. In 2018, 37% of high-tech workers worked for small businesses.…
The Pulse of Small Business: An Industry Breakdown
The COVID-19 pandemic has disproportionately impacted businesses that typically require more person to person …
Small Business Facts: Pandemic Pressures City Businesses
The COVID-19 pandemic has disproportionately impacted metropolitan areas, which have seen a higher rate of small…