SurePayroll Scorecard - 2004 - September - Regional Small Business Trends

Regional Small Business Trends

Small businesses employee headcount is up for the year in every region except the Northeast. Interestingly, small business paychecks continue to trend downward in every region except the Northeast, where average salaries are up for the year.

Regional Data
Below is the SurePayroll Scorecard data for each Region on a monthly basis since the beginning of the year.

Midwest Results
  SurePayroll
Hiring Index
SurePayroll
Pay Index
January '04 10,000 1,000
February '04 10,017 994
March '04 10,001 997
April '04 9,988 1,001
May '04 9,995 996
June '04 9,994 999
July '04 10,002 993
August '04 10,020 986
September '04 10,039 980


Northeast Results
  SurePayroll
Hiring Index
SurePayroll
Pay Index
January '04 10,000 1,000
February '04 9,884 1,004
March '04 9,760 1,012
April '04 9,688 1,017
May '04 9,663 1,022
June '04 9,672 1,024
July '04 9,649 1,027
August '04 9,661 1,037
September '04 9,667 1,032


South Results
  SurePayroll
Hiring Index
SurePayroll
Pay Index
January '04 10,000 1,000
February '04 9,999 997
March '04 9,991 998
April '04 10,005 998
May '04 10,002 999
June '04 10,023 1,002
July '04 10,054 1,004
August '04 10,091 1,003
September '04 10,113 996


West Results
  SurePayroll
Hiring Index
SurePayroll
Pay Index
January '04 10,000 1,000
February '04 10,036 993
March '04 10,065 994
April '04 10,123 986
May '04 10,189 980
June '04 10,255 974
July '04 10,333 966
August '04 10,385 959
September '04 10,455 946

The SurePayroll Hiring Index and the SurePayroll Pay Index are generated as part of SurePayroll’s Small Business Scorecard, an economic indicator that tracks the health of the U.S. small business economy. The Small Business Scorecard is generated from actual payroll data – paychecks issued to contractors and employees – for over 13,000 small businesses nationwide.

Questions regarding the SurePayroll Small Business Scorecard can be directed to Michael Alter. Michael can be reached at malter@surepayroll.com or by phone at (847) 676-8420 ext. 7229.

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