On a regional basis, small business size is trending down in the Midwest and the South year to date. The West is down slightly, but essentially is flat.
The Northeast is on track to be the regional success story for 2005. Hiring there is up 3.4% year to date.
Regionally, April trends were identical to March trends. Average small business paychecks are up in the Midwest and the South year to date, and down in the Northeast and West.
Below is the monthly SurePayroll Scorecard data for each Region for 2005.
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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 tens of thousands of 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.
Small Business Scorecards Archive:
