On a regional basis, the average small business size dropped in the Midwest
and South in February. Businesses grew in the Northeast and West.
On the salary front, average small business paychecks rose in the
Midwest, Northeast, South and West.
Regional Data
Below is the monthly SurePayroll Scorecard data for each Region for February:
Midwest Results
SurePayroll Hiring Index
SurePayroll Pay Index
February '06
9,630
1005
January '06
9,660
1002
December '05
9,686
985
November '05
9,704
1,162
October '05
9,728
980
September '05
9,761
976
August '05
9,792
959
July '05
9,809
962
June '05
9,882
952
May '05
9,887
957
April '05
9,894
961
March '05
9,894
970
Northeast Results
SurePayroll Hiring Index
SurePayroll Pay Index
February '06
10,722
1,039
January '06
10,704
1,036
December '05
10,697
1,018
November '05
10,675
1,009
October '05
10,534
1,015
September '05
10,503
1,010
August '05
10,364
1,016
July '05
10,348
1,023
June '05
10,085
1,033
May '05
10,059
1,031
April '05
10,019
1,028
March '05
9,983
1,034
South Results
SurePayroll Hiring Index
SurePayroll Pay Index
February '06
10,015
1,010
January '06
10,043
1008
December '05
10,061
993
November '05
10,069
991
October '05
10,073
1,029
September '05
10,044
1,026
August '05
10,164
1,016
July '05
10,145
1,019
June '05
10,137
1,015
May '05
10,127
1,016
April '05
10,111
1,021
March '05
10,085
1,023
West Results
SurePayroll Hiring Index
SurePayroll Pay Index
February '06
10,587
893
January '06
10,577
888
December '05
10,560
866
November '05
10,554
854
October '05
10,577
912
September '05
10,577
905
August '05
10,569
903
July '05
10,562
907
June '05
10,582
900
May '05
10,615
896
April '05
10,630
900
March '05
10,639
906
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.
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