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Celebrating Small Business Saturday: SMB Contributions to the U.S. Economy

1reports1reporting sources2022-06-29Update

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The article provides data on SMB economic contributions, helping understand the core role of SMBs in the U.S. economy, valuable for businesses focused on the SMB market.

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6月29日
  1. SAP Concur Blog
    Celebrating Small Business Saturday: SMB Contributions to the U.S. Economy

    The article highlights SMB contributions to the U.S. economy: between 1993 and 2011, small businesses accounted for 64% of new jobs created; high-patenting small firms had 16 times more patents per employee than larger counterparts; locally owned businesses boost community economies more than national chains; and the share of women-, Latino-, African-American-, and Asian-owned businesses increased. It calls for celebrating SMBs on Small Business Saturday and every day.