SurePayroll Scorecard - 2008 - April - Regional Small Business Trends

April 2008 Regional Small Business Trends

On a regional basis, hiring has increased in First Quarter 2008 in all four regions: the Midwest, Northeast, South and West.

On the salary front, salaries decreased in First Quarter 2008 in every region except the West.

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

Midwest Results
  SurePayroll Hiring Index SurePayroll Pay Index
April '08 9,953 1,047
March '08 9,919 1,045
February'08 9,870 1,047
January '08 9,826 1,047
December '07 9,792 1,048


Northeast Results
  SurePayroll Hiring Index SurePayroll Pay Index
April '08 10,602 1,125
March '08 10,543 1,125
February'08 10,488 1,132
January '08 10,410 1,141
December '07 10,357 1,139


South Results
  SurePayroll Hiring Index SurePayroll Pay Index
April '08 10,516 1,075
March '08 10,492 1,081
February'08 10,417 1,088
January '08 10,334 1,096
December '07 10,246 1,104


West Results
  SurePayroll Hiring Index SurePayroll Pay Index
April '08 11,383 1,108
March '08 11,391 1,104
February'08 11,388 1,097
January '08 11,382 1,093
December '07 11,376 1,085

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 18,000 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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