U.S. Economy?
Small businesses comprise what share of the U.S. economy?
Small businesses make up:
  • 99.7 percent of U.S. employer firms,
  • 64 percent of net new privatesector jobs,
  • 49.2 percent of private-sector employment,
  • 42.9 percent of private-sector payroll,
  • 46 percent of private-sector output,
  • 43 percent of hightech employment,
  • 98 percent of firms exporting goods, and
  • 33 percent of exporting value.
Source: U.S. Census Bureau, SUSB, CPS; International Trade Administration; Bureau of Labor Statistics, BED; Advocacyfunded research,
Small Business GDP: Update 20022010.
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