March 2007 Regional Small Business Trends

On a regional basis, small business hiring increased in the Midwest, Northeast, South and West in March.

On the salary front, average small business paychecks rose in the Midwest, South and West. However, salaries dropped 0.8% in March in the Northeast, ending a nine-month streak of salary increases in that region.

Regional Data
Below is the monthly SurePayroll Scorecard data for each Region for March 2007.

Midwest Results

  SurePayroll Hiring Index SurePayroll Pay Index
March '07 9,627 1,039
February '07 9,598 1,036
January '07 9,572 1,035


Northeast Results

  SurePayroll Hiring Index SurePayroll Pay Index
March '07 10,083 1,140
February '07 10,044 1,150
January '07 10,037 1,146


South Results

  SurePayroll Hiring Index SurePayroll Pay Index
March '07 9,908 1,079
February '07 9,896 1,075
January '07 9,880 1,071


South Results

  SurePayroll Hiring Index SurePayroll Pay Index
March '07 10,904 1,041
February '07 10,828 1,036
January '07 10,764 1,026


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.


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Questions regarding the SurePayroll
Small Business Scorecard can be
directed to Marissa Hermo. Marissa
can be reached at
mhermo@kruppnyc.com or by phone
at 212.886.6711.