On a regional basis, the average small business size increased in the Midwest, Northeast and South in January. Businesses did not increase in size in the South.
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 January.
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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: