Regional Small Business Trends
On a regional basis, small business size is trending down in the Midwest, South and West year-to-date. The Northeast is still on track to be the regional success story for 2005. Hiring there is up 8.4% year-to-date. The Midwest has had the steepest regional decline year to date — down 3.2%.
On the salary front, average small business paychecks are up in the South and the Midwest year to date. Salaries are still trending down in the Northeast and West.
Regional Data
Below is the monthly SurePayroll Scorecard data for each Region for September.
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About the Scorecard
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 15,000 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.
Small Business Scorecards Archive:
Scorecard |
2008 |
2007 |
2006 |
2005 |
2004
