Small businesses employee headcount decreased in January in the Midwest and the West in December, but businesses grew in the Northeast and South. Looking at average paycheck size, only the Northeast and the South were up in January relative to December. In January, relative to what we saw at the end of December, paychecks in the Midwest and the West were trending downward.
The South and Northeast were the only regions that were up in January both in terms of employee counts and paycheck sizes.
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:
