On a regional basis, the average small business size has dropped year-to-date in the Midwest, Northeast, and South.
Small business hiring has increased only in the West.
On the salary front, average small business paychecks are up year-to-date in the Midwest, Northeast,
South and West.
Regional Data
Below is the monthly SurePayroll Scorecard data for each region for October.
Midwest Results
SurePayroll Hiring Index
SurePayroll Pay Index
October '06
9,547
1,025
September '06
9,547
1,022
August '06
9,581
1,019
July '06
9,587
1,012
June '06
9,545
1,013
May '06
9,568
1,009
April '06
9,591
1,011
March '06
9,618
1003
February '06
9,630
1005
January '06
9,660
1002
December '05
9,686
985
November '05
9,704
1,162
Northeast Results
SurePayroll Hiring Index
SurePayroll Pay Index
October '06
10,213
1,117
September '06
10,239
1,115
August '06
10,374
1,095
July '06
10,388
1,087
June '06
10,567
1,067
May '06
10,588
1,064
April '06
10,612
1,065
March '06
10,631
1,058
February '06
10,722
1,039
January '06
10,704
1,036
December '05
10,697
1,018
November '05
10,675
1,009
South Results
SurePayroll Hiring Index
SurePayroll Pay Index
October '06
9,937
1,031
September '06
9,920
1,028
August '06
9,992
1,028
July '06
9,966
1,021
June '06
10,001
1,019
May '06
10,028
1,015
April '06
10,044
1,014
March '06
10,077
1,007
February '06
10,015
1,010
January '06
10,043
1008
December '05
10,061
993
November '05
10,069
991
West Results
SurePayroll Hiring Index
SurePayroll Pay Index
October '06
10,652
953
September '06
10,635
947
August '06
10,641
937
July '06
10,625
924
June '06
10,597
920
May '06
10,563
917
April '06
10,551
914
March '06
10,584
903
February '06
10,587
893
January '06
10,577
888
December '05
10,560
866
November '05
10,554
854
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
17,000 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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