SurePayroll Scorecard - 2008 - February - Regional Small Business Trends

February 2008 Regional Small Business Trends

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

On the salary front, salaries increased in February 2008 in the Northeast and West but decreased in the South and Midwest.

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

Midwest Results
  SurePayroll Hiring Index SurePayroll Pay Index
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
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
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
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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