Research

When using traditional measurements, small business exports represent about one third of total U.S. export value. However, these measures fail to take into account the value small businesses add to exports sold by large businesses. Using a…

The COVID-19 pandemic has disproportionately impacted metropolitan areas, which have seen a higher rate of small business closures than non-metropolitan areas. However, in recent weeks, the New York City metropolitan area has reopened…

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. 2020 FAQ 2020 What's New Infographic *FAQ updated on November…

Advocacy’s small business lending report examines FDIC data to determine the state of bank lending to small businesses. Between June 2017 and June 2019, small business lending remained positive, though below the increase in lending to…

The effects of the COVID-19 pandemic on business owners have varied across demographic groups.  The decline in business activity among Black owners has been nearly three times the decline among other owners.  Read “Small Business Facts:…

The Office of Advocacy is pleased to continue its Small Business Profiles for the Congressional Districts series. The congressional district profiles are part of Advocacy’s state profile series, which provides user-friendly snapshots of…

While minorities make up 40% of the U.S. population, they make up only 20% of small business owners. Part of this discrepancy can be attributed to differences in access to capital. Using 2017 Federal Reserve survey data, this study…

In May 2020, employment in leisure and hospitality was down 41 percent relative to May 2019, compared to declines ranging from 2 to 18 percent in other areas. The largest category of businesses within leisure and hospitality is food…

Since a declaration of emergency for COVID-19 was issued on March 13, 2020, total private employment dropped by over 15 percent. Small businesses employers bore the brunt of the job loss, with a decline of more than 17 percent. Read “Small…