November 2007 Regional Small Business Trends

On a regional basis, hiring increased last month in all four regions: the Midwest, Northeast, South and West. However, salaries declined last month in the Midwest, Northeast, and South.

Year to date, hiring and salaries are up in all four regions.

November Regional Data
Below is the monthly SurePayroll Scorecard data for each region for November.

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.