Research

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

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…

COVID-19 affected every business, but the effects varied by sector, firm size, and geography. In some sectors, like Leisure and Hospitality, businesses were hit hard and have yet to fully recover. The pandemic also hurt states that…

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…

While there are multiple reasons to own a small business, most firm owners cite wanting to be their own boss and making more money as important reasons for owning their own business. Self-employment is mostly driven by opportunity, with…

Immigrant owners consist of roughly 18 percent of business owners with employees and almost 23 percent of business owners without employees. Immigrant-owned businesses are found in every sector of the U.S. economy. Immigrants made up 36.8%…

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…