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! style="width: 5| Compensation| 3,029,170| 53.30%;" | Survey3,234,894! style="width: 1| 53.70%;" | Date3,418,722! style="width: 20| 54.10%;"| Labor Markets3,505,231! style="width: 20| 54.30%;"| Capital 3,365,906! style="width: 20| 54.80%;"| Sales 3,455,528! style="width: 25| 55.20%;"| General Outlook! style="width: 9%;" | Data
Fall 2015|}|*67% planned to hire 12+ employees within 2015Source:https://www.sba.gov/sites/default/files/rs390tot_1.pdf|*46% of small businesses surveyed cite credit availability as their primary concern =='''Big Data for Small Business'''== |"PROGRAM CHANGE:*28% of businesses say they will use recently acquired funding to develop BIG DATA FOR SMALL BUSINESS ($1.9M / 9 FTE)Small businesses are a new product or service within critical element of the next year|*56% say they expect the US overall economy to improve within and are often at the next 12 monthsleading edge of*72% risk-taking, entrepreneurship, and economic growth. Yet, unlike large corporations who have staffs of small businesses expect their revenue economists, advisors, and consultants to increase for assist in interpreting and understanding the yeareconomy and|('''N=1guiding investments, small businesses largely depend on limited publicly-available data.Recognizing this,001''' and the Department’s role in supporting small business owners ingrowth and decision-making,as well as the US with annual revenue $100need for more insight into the health of the small business sector,000<x<$4BEA proposes a newsuite of small business data products. To inform policy,999as well as Main Street decision-making,999 and employingBEAbetween 2<x<99 employees)proposes to expand data on small business by developing a Small Business Satellite Account including|-a new Small Business GDP to track the overall growth and health of America’s small business sector.| [https://wellsfargoworks.com/File/Index/J6WCK2WHn0yd-wrTX8btvA WellsFargo survey]This will be a key new measure, offering insight into the leading edge of the economy, as small|January 2016|*26% of small businesses expect businesses are often the first to react to hire growth or contraction in Q1 2016their sectors or regions, often reacting*66% of businesses expect the number of jobs to stay the samechanges in policy before larger corporations. Gaining such insight will also fulfill a key lesson learned*11% from the 2008 financial crisis in terms of businesses say that hiring and retaining qualified staff is their most pressing problem|*19% expanding the granularity of businesses responded that obtaining credit was difficultdata on business activity.*5% of say cash flow and financial stability as In addition to the new Small Business GDP measure, the company's biggest problemsmall business satellite account will present*4% new data on the distribution of small businesses surveyed speculate credit availability may be prohibiting company growthby size of employment and sales; legal form of|*14% experienced difficulty attracting customers in Q1 2016*38% business, taxes, and net income; by industry; and by region of businesses surveyed stated a positive revenue increase in Q1 2016|the country. This data will providemeaningful descriptions and the ability to understand trends over time regarding the changes in*67% composition, industry, and geography of the small businesses regard their financial situation as good or very business sector. In addition to supporting good in Q1 2016*71% expect a positive financial future within public policy at the next 12 months *8% national level, these data will also be of small businesses say that the economy is the principal problem their business is facing substantial value to state and local|('''N=600''' small government as well as business owners development officials in Q1 2016)understanding their regional economic|-dynamics.Coupled with BEA’s other products, such as GDP by State and Real State Personal Income, these|[http://www.vistage.com/wp-content/uploads/2016/02/WSJ-CEO-Survey-0116new statistics will represent a wealth of new information to guide small business growth and policy.pdf WSJ survey]|Beyond the public policy arena, expanding the Department’s data offerings to this essentialJanuary 2016|*54% constituency will only further enhance the ability of businesses surveyed said they expect firm size America’s entrepreneurs to increaseinnovate, grow, and lead|*40% of successful businesses reported that they expect their firm's fixed investment expenditures to increase during the next 12 mo.|*73% report an expected sales increase within There are no risks to the year *54% development and production of firms expect their profitability new data, and particularly not as it relates to improve|a*Investments in new plant and equipment have fallen to their lowest level in more than two yearssatellite account focusing on small businesses. In this case, particularly given that no new dataESA - 26EXHIBIT 12 – 15*20% of firms expect collection is proposed (the economy new account will be built from existing, primarily administrative, data), andthus no additional burden will be placed on businesses to worsen in develop the year ahead—the highest level in more than two yearsnecessary data.||The opportunities presented by this proposal are considerable given the well-defined record of|[https://www.newyorkfed.org/medialibrary/media/smallbusiness/SBCS-2014-Reportaccomplishment of accurate, reliable, official statistical data providing the knowledge basis foreconomic growth as well as smart decisions in the public policy sector.pdf NY Fed Survey]|2014|*27% Further, the benefit of businesses reported an increase in their full time staff*15% reported a decrease in their full time staff*58% this initiative to the Department goes to the heart of respondents reported no change the Department’s role in their employee base|*23% economic policy – the Department is the primary source of businesses reported 10-25K actionable statistics on the state of debtthe*62% economy. Along with the daily provision of businesses had applied for <100K weather information, the weekly issuance of financingeconomic*41% responded they'd sought financing from indicators is one of the Department’s most important and visible functions. Expanding the Department’sdata offerings to such an important constituency is a large regional bank highly valuable proposition for both the|*35% of respondents reported increasing revenues Department as well as policy and positive profitabilitybusiness sectors.*23% The risk of not pursuing this proposal is perpetuating the continued lack of businesses said they'd experienced difficulty in attracting customers|*29% direct knowledge of businesses reported personal savings as their primary financing sourcethe*29% economic health of businesses operated at a loss *13% of respondents said the increasing costs of running their small business was their principal concern| 10 states sector and what that sector can tell us about the health of coverage: Alabama, Connecticut,theFlorida, Georgia, Louisiana, New Jerseyoverall economy. There is a clear need and desire for this information,as demonstrated by multipleNew York, Ohio, Pennsylvania, efforts over the years by SBA and Tennessee with businesses <500various trade associations to develop similar data sets.BEA is|uniquely suited to develop this data set given its role as the custodian of the nation’s economic|}accounts. Further, data on small businesses published by BEA will have the official imprimatur of BEAas well as the full, symmetric, and broad access to the data that is true for all BEA data products.=='''Small Also of importance is that, as a BEA data set, the Small Business Data Sets'''==Satellite Account will provide data in{| class="wikitable sortable" style="width: 100%;"a consistent times series, as well as in a format and methodology consistent with all of BEA’s accounts|-thus allowing expanded analysis in full context.! style="width: 10%;" | NameGiven the role and importance of small businesses in economic growth and recovery, the addition of! style="width: 10%;" | Linknew and better information to assist small business decision-making and investment will only serve to! style="width: 45%;" | Descriptionsupport small business success. This is an outstanding opportunity for the Department to expand itsservice offering to this critical constituency.! style="width: 35%;" | Data SummaryCosts are largely personnel in nature, with a $500k expected expenditure on data purchase.|ESA -27|Dynamic Small Business SearchEXHIBIT 12 – 15Targets without increaseFY|http://dsbs2016FY2017FY2018FY2019FY2020Score on Customer SatisfactionSurveyGreaterthan 4.sba0Greaterthan 4.gov/dsbs/search/dsp_dsbs0Greaterthan 4.0Greaterthan 4.cfm0Greater|The Small Business Administration maintains the Dynamic Small Business Search (DSBS) databasethan 4. As a small business registers in the System for Award Management, there is an opportunity 0Complete all Major StrategicPlan milestones related to fill out improving the small business profile. The information provided populates DSBS. DSBS is another tool contracting officers use to identify potential small business contractors for upcoming contracting opportunities. Small businesses can also use DSBS to identify other small businesses for teaming and joint venturing.economicaccountsSuccessfully complete related milestonesTargets with increaseFY2016FY|2017|-FY|Office of Advocacy News2018|https://wwwFY2019FY2020Score on Customer SatisfactionSurveyGreaterthan 4.sba0Greaterthan 4.gov/advocacy1Greater|The News Update File is an xml news update file to inform the public about recent regulatory alerts, Advocacy small business statistics reports, Advocacy small business research reports, and Advocacy regulatory comment lettersthan 4.1|-Greater|State Licenses & Permitsthan 4.1| Greater|Identifies the specific licenses or permits a business may need depending on the type of business, its location, and applicable government rulesthan 4.1Complete all Major Strategic|-Plan milestones related to|FDICimproving the economic|https://www5.fdic.gov/qbp/index.aspaccountsSuccessfully complete additional milestones|Private sector loans specifically tied to small businessesinitiative goals|-Statement of Need and Economic Benefits|World Bank |http://www.doingbusiness.orgThe additional economic statistics resulting from the implementation of this proposal will provide policy|The World Bank’s Doing Business seriesmakers, dating to 2001the Administration, is an annual compendium and international ranking of regulatory measures impacting small business, such as the number Department of days it takes Commerce with key information to legally register assess theeconomic health and capacity of the small business sector to engage in economic activity. Smallbusinesses comprise a large portion of the businesssector in the U. Different aspects appear each yearS.and are often the leading edge|Doing Business offers of economic data from 2003 growth and contraction; yet no current Federal statistical programs exist to provide acomplete picture of the presentsmall business sector. The data is presented in a variety While some features of the sector are measured invarying ways useful to researchers, this proposal will pull them together into a concise picture, allowing policy makers, journalists and others|business leaders to assess and anticipate small business economic capacity and respond accordingly.|-Specific economic benefits of this investment:|Kauffman Foundation|http://www.kauffman.org/section.aspx?id=research_and_policy • As has been demonstrated repeatedly since the introduction of regular, consistent, publicsector|Studies and economic data on small business in the 1930s, detailed and entrepreneurshipquality economic statistics contribute|-|Warrington College significantly to the overall stability of Businessthe economy, which itself contributes to economic growth.|httpsSpecific cost savings://site.warrington.ufl.edu/ritter/ipo-data/|IPO data• While this proposal will not result in cost savings to BEA, it will result in significantly improvedeconomic statistics. These improved and expanded statistics will provide the right information|Up to date information on IPO's including: Underpricing, tech stocks, age, price revisions, sales, underwriting, foreign, long run returns, VCdevelop policies and affect business investments that will improve U.S. competitiveness andcreate new jobs. ESA -backed IPOs from late 1900s - 201528|-EXHIBIT 12 – 15|Bureau of Labor Statistics|httpPossible return on investment://www.bls.gov/bdm/|Highlights from data series produced by BLS Business Employment Dynamics (BED) program • The return on investment to the Bureau, and the nation, is significant, as this initiative will serveto fill notable existing gaps in official government statistics and will provide some insights highly valuable newdetail on the contribution of new small business sector, its composition, employment, and small businesses to the number of businesses growth by region and jobs in the economyindustry.|Set of statistics generated from Of great value to economic policy makers, this new data will also be of high value tothe Quarterly Census of Employment and Wages programbusiness community, in particular small businesses. These quarterly data series consist Major corporations have staffs of gross job gains economists, advisors, and consultants assisting in interpreting and gross job losses statistics from 1992 forwardunderstanding the economyand guiding investments – small businesses do not.|-• Better statistics allow policies to be more accurately calibrated and optimized by permitting a|Federal Procurement Data Systemmore accurate assessment of their costs and benefits. The potential gains from this initiative|https://www.fpds.gov/fpdsng_cms/indexwill certainly far exceed the relatively small cost.php/en/reports|A Department level report that displays Small Business data for a specified date range by Funding/Contracting Agency.Schedule and Milestones:|This report displays the dollars, actions, FY16: Research and percentages for small business contracts in FY 2016 develop methodology; conduct outreach to stakeholders to gain additionalinformation; and goes back all the way to FY 1981|-|PayNet small Business Lending Indexexpand collaboration with other Federal agency stakeholders.|httpFY17://www.paynetonline.com/issues-Publish methodology papers and develop initial estimates; present and-solutions/all-paynet-products/small-business-lending-index-sbli/secure endorsement of|PayNet specializes in loan data methodology and has a database which includes information on more than 20 million loans and leases. For these indexesinitial estimates from BEA Advisory CommitteeFY18: Publish prototype satellite accountFY19: Publish official data seriesDeliverables:Papers, PayNet uses the prototype data from US companies which have less than $1 million in total outstanding loansseries and final official data series published on an annual basis.|The Small Business Lending Index ESA - 29EXHIBIT 12 – 15PROGRAM CHANGE PERSONNEL DETAIL(SBLIActual Dollars) measure the volume Budget Program: Bureau of small business loans issued over the past 30 days and are based on the most recent data from the largest commercial and industrial lenders in PayNet's U.S. database, including both loans and leases. |Economic AnalysisSub-program: National Economic Accounts|Paychex|httpProgram Change://www.paychex.com/jobs-index/index.aspxBig Data for Small Business|Paychex tracks changes in the employment levels of 350K small businesses with <50 employees Title Band Interval Number|The data for the jobs index comes from a subset of the Paychex client baseAnnualSalary Total SalarySenior Economist V 1 1 152, approximately 350087 152,000 businesses with less than 50 workers in the U.S 087|-Senior Economist IV 1 2 128,575 257,150|ADP small business reportEconomist III 1 3 87,411 262,233|http://www.adpemploymentreport.com/2015/March/SBS/SBS-NER-March-2015.aspxEconomist II 1 4 64,633 258,532|The ADP Small Business Report provides the number of jobs created or lost by company size (IT Specialist III 1 2 92,802 185,604Total 12 1-19 employees, 20-49115,606Less Lapse (3) and sector (goods or services278,902)Total Full-time permanent (FTE) 9 836,7042015 Pay Adjustment (1. A seperate report details job gains and losses for national franchises0%) 8,3672016 Pay Adjustment (1.3%) 10,986|The ADP National Total 856,057Personnel DataFull-time Equivalent Employment Report® is published monthly by the ADP Research Institute® in close collaboration with Moody’s Analytics and its experienced team of labor market researchers. The ADP National Employment Report provides a monthly snapshot of U.S. nonfarm private sector employment based on actual transactional payroll data.:Full-time permanent 9Other than full-time permanent 0Total 9Authorized Positions:|Full-time permanent 12|Intuit Small Business IndexOther than full-time permanent 0|httpESA - 30EXHIBIT 12 – 15PROGRAM CHANGE DETAIL BY OBJECT CLASS(Dollars in Thousands)Budget Program://www.intuit.com/company/pressBureau of Economic AnalysisSub-room/press-releases/2015/program: National Economic AccountsProgram Change: Big Data for Small-Business-Employment-Remained-Stagnant-in-October1/|The index measures FY 2016 FY 2016Object Class Increase Total Program11.0 Personnel compensation, hours worked, and revenue for companies with <20 employees|The Employment Index is based on anonymized, non11.1 Full-identifiable aggregated data from 271,750 small business employers, a subset of users of Intuit Online Payroll and QuickBooks Onlinetime permanent 856 85611. The Revenue Index is based on anonymized, non3 Other than full-identifiable aggregated data from 240,000 small businesses, a subset of users of Intuit’s QuickBooks Online with industry identification from Dun & Bradstreettime permanent 0 011.5 Other personnel compensation 0 0|-11.8 Special personnel services payments 0 0|Statistic Brain11.9 Total personnel compensation 856 856|http://www12.statisticbrain0 Civilian personnel benefits 242 24213.com/startup-failure-by-industry/0 Benefits for former personnel 0 0|Startup Business Failure rates by industry21.0 Travel and transportation of persons 9 9|22.0 Transportation of things 0 0|-23.1 Rental payments to GSA 0 023.2 Rental Payments to others 0 0|The National Venture Capital Association Yearbook23.3 Communications, utilities and miscellaneous charges 7 7|http://nvca24.org/research/stats-studies/0 Printing and reproduction 0 0|Details the state of the venture capital market in a given year25.1 Advisory and assistance services 0 0|Primary data sources included:SEC filings that are regularly monitored by Thomson Reuters’ research staff, Surveys of the industry routinely conducted by Thomson Reuters, and Verified industry press and press releases from venture firms25. 2 Other services 58 58|-25.3 Purchases of goods & services from Gov't accounts 582 582|NFIB Small Business Report25.4 Operation and maintenance of facilities 0 0|http://www25.nfib5 Research and development contracts 0 025.com/surveys/small-business-economic-trends/6 Medical care 0 0|Measures economic trends in small businesses25.7 Operation and maintenance of equipment 0 0|The NFIB Research Foundation has collected Small Business Economic Trends data with quarterly surveys since the 4th quarter of 1973 25.8 Subsistence and support of persons 0 026.0 Supplies and monthly surveys since 1986materials 39 3931. Survey respondents are drawn from NFIB’s membership. The report is released on the second Tuesday of each month. This survey was conducted in March 20160 Equipment 125 12599. 0 Total obligations 1,918 1,918" |Taken from pages 26-|Medical Expenditure Panel Survey|http31 of [https://mepswww.ahrqbea.gov/mepswebabout/pdf/|A set of large-scale surveys of families and individuals, their medical providers, and employers across the United StatesESA_FY_2016_CJ_Final.pdf this] report. MEPS is the most complete source of data on the cost and use of health care and health insurance coverage|The Household Component data are based on questionnaires fielded to individual household members and their medical providers. The Insurance Component estimates come from a survey of employers conducted to collect health insurance plan information|-|SBA Lenders|https://www.sba.gov/lenders-top-100|SBA lending data|Table displaying the 100 most active SBA 7a lenders in the US by lending volume in FY 2016 through Q2|-|Kaiser Family Foundation|http://kff.org/health-costs/report/2015-employer-health-benefits-survey/|Annual Survey of employers providing a detailed look at trends in employer-sponsored health coverage |The 2015 survey included almost 2,000 interviews with non-federal public and private firms.|-|Federal Reserve|http://www.federalreserve.gov/communitydev/small-businesses-data-analysis.htm|Many Reserve Banks monitor trends and credit market conditions for small and new businesses. The polling efforts of the Federal Reserve Banks of New York and Atlanta are two examples of System work to better understand small business trends| The SBCS captures the perspectives of businesses with fewer than 500 employees in New York, New Jersey, Connecticut, and Pennsylvania. There were 835 responses to the survey fielded from April 3, 2014 to June 20, 2014. The Atlanta Fed conducted the first-quarter 2014 survey during the first four weeks of April. The survey was completed by 562 respondents|-|Entrepeneur.com report|https://www.entrepreneur.com/page/216022|Comprehensive statistics on small business trends in the United States for various years|-|United States Census Bureau|https://www.census.gov/econ/sbo/getdata.html|Statistics for Owner's of Small businesses in 2012|1.75 million businesses were selected for the survey. Survey included are all nonfarm businesses filing Internal Revenue Service tax forms as individual proprietorships, partnerships, or any type of corporation, and with receipts of $1,000 or more.|-|Small Business Dashboard|http://smallbusiness.data.gov/|Information on small business contracting activities|ncludes procurement contract transactions reported directly through the contract writing systems of approximately 65 U.S. Government, Executive Branch, departments, bureaus, agencies, and commissionsData spans contract transactions from FY 2000 onwardsSmallBusinessDashboard.gov is updated with FPDS-NG data on a daily basis|-|411 Small Business Facts|http://www.411sbfacts.com/|Sortable database of over 60 separate small business surveys|411SmallBusinessFacts.com is a searchable data base of approximately 2,000 facts about American small businesses and their owners (or managers) produced by the NFIB Research Foundation. The Foundation developed this information from telephone surveys of small employers – those employing from one person in addition to the owner(s) to 250. Data collection began in 2001 and continues through the present. |-|Survey of Minority Owned Businesses|http://www.mbda.gov/sites/default/files/2012SBO_MBEFactSheet020216.pdf|Data set attempting to give a comprehensive outlook to the state of minority business enterprises in the US|Minority owned business fact sheet created in January 2016|-|NASE|http://www.nase.org/|A trade association that provides day-to-day support for micro-businesses, including direct access to experts, benefits, and consolidated buying power that is traditionally only available to large corporations. The association is the largest nonprofit, nonpartisan association of its kind in the United States.|Presents statistics and facts on self employed members of the US economy from the 1990's to the late 2000s|-|Federal Reserve board|https://www.federalreserve.gov/pubs/oss/oss3/nssbftoc.htm|Federal reserve board survey of small business finances|Balance sheets of the firm are some examples of the types of information collected. Working papers and methodology reports, codebooks and other related documentation, and the full public data sets are available here for the 2003, 1998, 1993, and 1987 SSBFs|-||}[[Category: Internal]][[Internal Classification: Legacy| ]]
no edit summary
{{McNair Projects|Has image=|Has title='''Holy Grail FDIC Small Business Data'''|Has owner=|Has start date=|Has deadline=|Has keywords=|Is billed to=|Has notes=|Has project status=Complete|Is dependent on=|Does subsume=https://www5.fdic.gov/sdi/main.asp}}
=='''Minorities in Small Business'''== =='''Council of Economic AdvisersData Sets'''=={| class="wikitablesortable" style="width: 100%;"! Year! Expert?|-! style="width: 10%;" | Name! Field of Expertstyle="width: 10%;" | Link! CEA Size! Percent! Gradestyle="width: 45%;" | Description! style="width: 35%;" | Data Summary
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| 1979Dynamic Small Business Search| 0http://dsbs.sba.gov/dsbs/search/dsp_dsbs.cfm|The Small Business Administration maintains the Dynamic Small Business Search (DSBS) database. As a small business registers in the System for Award Management, there is an opportunity to fill out the small business profile. The information provided populates DSBS. DSBS is another tool contracting officers use to identify potential small business contractors for upcoming contracting opportunities. Small businesses can also use DSBS to identify other small businesses for teaming and joint venturing.| -| -| 13Office of Advocacy News| 0https://www.00%| Fsba.gov/advocacy| The News Update File is an xml news update file to inform the public about recent regulatory alerts, Advocacy small business statistics reports, Advocacy small business research reports, and Advocacy regulatory comment letters.
|-
| 1980State Licenses & Permits| 0| -| -| 15| 0Identifies the specific licenses or permits a business may need depending on the type of business, its location, and applicable government rules.00%| F|
|-
| 1981FDIC| 0| -| -| 16| 0https://www5.fdic.gov/qbp/index.00%| Fasp| Private sector loans to small businesses
|-
| 1982World Bank | 0http://www.doingbusiness.org| -| -The World Bank’s Doing Business series, dating to 2001, is an annual compendium and international ranking of regulatory measures impacting small business, such as the number of days it takes to legally register a business. Different aspects appear each year.| 15| 0Doing Business offers economic data from 2003 to the present.00%| FThe data is presented in a variety of ways useful to researchers, policy makers, journalists and others|
|-
| 1983Kauffman Foundation| 0http://www.kauffman.org/section.aspx?id=research_and_policy | -Studies and data on small business and entrepreneurship| -| 15Warrington College of Business| 0https://site.00%warrington.ufl.edu/ritter/ipo-data/| FIPO data| Up to date information on IPO's including: Underpricing, tech stocks, age, price revisions, sales, underwriting, foreign, long run returns, VC-backed IPOs from late 1900s - 2015
|-
| 1984Bureau of Labor Statistics| 0http://www.bls.gov/bdm/| -Highlights from data series produced by BLS Business Employment Dynamics (BED) program provide some insights on the contribution of new and small businesses to the number of businesses and jobs in the economy.| -| 12| 0Set of statistics generated from the Quarterly Census of Employment and Wages program. These quarterly data series consist of gross job gains and gross job losses statistics from 1992 forward.00%| F|
|-
| 1985Federal Procurement Data System| 0| -https://www.fpds.gov/fpdsng_cms/index.php/en/reports| -| 14| 0A Department level report that displays Small Business data for a specified date range by Funding/Contracting Agency.00%| F| This report displays the dollars, actions, and percentages for small business contracts in FY 2016 and goes back all the way to FY 1981
|-
| 1986| 0PayNet small Business Lending Index| http://www.paynetonline.com/issues-and-solutions/all-paynet-products/small-business-lending-| index-sbli/| 15PayNet specializes in loan data and has a database which includes information on more than 20 million loans and leases. For these indexes, PayNet uses the data from US companies which have less than $1 million in total outstanding loans.| 0The Small Business Lending Index (SBLI) measure the volume of small business loans issued over the past 30 days and are based on the most recent data from the largest commercial and industrial lenders in PayNet's U.00%| F| *junior staff with IO S. database, including both loans and Finance Darrel Lleases. Williams
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| 1987| 0Paychex| http://www.paychex.com/jobs-| -| 12| 0index/index.00%aspx| FPaychex tracks changes in the employment levels of 350K small businesses with <50 employees | *junior staff The data for the jobs index comes from a subset of the Paychex client base, approximately 350,000 businesses with IO, Regulation and Finance Randall less than 50 workers in the U.S. Kroszner
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| 1988ADP small business report| 0http://www.adpemploymentreport.com/2015/March/SBS/SBS-NER-March-2015.aspx| The ADP Small Business Report provides the number of jobs created or lost by company size (1-| 19 employees, 20-49) and sector (goods or services). A seperate report details job gains and losses for national franchises.| 13| 0The ADP National Employment Report® is published monthly by the ADP Research Institute® in close collaboration with Moody’s Analytics and its experienced team of labor market researchers. The ADP National Employment Report provides a monthly snapshot of U.S. nonfarm private sector employment based on actual transactional payroll data.00%| F|
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| 1989Intuit Small Business Index| 0http://www.intuit.com/company/press-room/press-releases/2015/Small-Business-Employment-Remained-Stagnant-in-October1/| The index measures compensation, hours worked, and revenue for companies with <20 employees|The Employment Index is based on anonymized, non-identifiable aggregated data from 271,750 small business employers, a subset of users of Intuit Online Payroll and QuickBooks Online. The Revenue Index is based on anonymized, non-identifiable aggregated data from 240,000 small businesses, a subset of users of Intuit’s QuickBooks Online with industry identification from Dun & Bradstreet.| -| 13Statistic Brain| 0http://www.00%statisticbrain.com/startup-failure-by-industry/| FStartup Business Failure rates by industry|
|-
| 1990The National Venture Capital Association Yearbook| 1http://nvca.org/research/stats-studies/| Adam B. JaffeDetails the state of the venture capital market in a given year| RegulationPrimary data sources included:SEC filings that are regularly monitored by Thomson Reuters’ research staff, EnergySurveys of the industry routinely conducted by Thomson Reuters, and R&D| 13| 7 Verified industry press and press releases from venture firms.69%| A|
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| 1991| 0NFIB Small Business Report| http://www.nfib.com/surveys/small-business-| economic-trends/| Measures economic trends in small businesses| 0The NFIB Research Foundation has collected Small Business Economic Trends data with quarterly surveys since the 4th quarter of 1973 and monthly surveys since 1986. Survey respondents are drawn from NFIB’s membership. The report is released on the second Tuesday of each month. This survey was conducted in March 2016.00%| F|
|-
| 1992Medical Expenditure Panel Survey| 0| Andrew Shttp://meps.ahrq. Joskowgov/mepsweb/| RegulationA set of large-scale surveys of families and individuals, Energytheir medical providers, and Industrial Organizationemployers across the United States. MEPS is the most complete source of data on the cost and use of health care and health insurance coverage| 13| 0The Household Component data are based on questionnaires fielded to individual household members and their medical providers.00%| B| The Insurance Component estimates come from a survey of employers conducted to collect health insurance plan information
|-
| 1993SBA Lenders| 0https://www.sba.gov/lenders-top-100|SBA lending data| Jonathan B. BakerTable displaying the 100 most active SBA 7a lenders in the US by lending volume in FY 2016 through Q2| Regulation, Industrial Organization, and Law-| 16Kaiser Family Foundation| 0http://kff.00%org/health-costs/report/2015-employer-health-benefits-survey/| BAnnual Survey of employers providing a detailed look at trends in employer-sponsored health coverage | The 2015 survey included almost 2,000 interviews with non-federal public and private firms.
|-
| 1994Federal Reserve| 0http://www.federalreserve.gov/communitydev/small-businesses-data-analysis.htm| Jonathan BMany Reserve Banks monitor trends and credit market conditions for small and new businesses. BakerThe polling efforts of the Federal Reserve Banks of New York and Atlanta are two examples of System work to better understand small business trends| RegulationThe SBCS captures the perspectives of businesses with fewer than 500 employees in New York, Industrial OrganizationNew Jersey, Connecticut, and Law| 15| 0Pennsylvania. There were 835 responses to the survey fielded from April 3, 2014 to June 20, 2014. The Atlanta Fed conducted the first-quarter 2014 survey during the first four weeks of April.00%| B| The survey was completed by 562 respondents
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| 1995Entrepeneur.com report| 0| Marius Schwartz| Regulation, Industrial Organization, and Antitrust| 15| 0https://www.entrepreneur.00%| Bcom/page/216022| Comprehensive statistics on small business trends in the United States for various years
|-
| 1996United States Census Bureau| 0https://www.census.gov/econ/sbo/getdata.html| Timothy J. BrennanStatistics for Owner's of Small businesses in 2012| Regulation1.75 million businesses were selected for the survey. Survey included are all nonfarm businesses filing Internal Revenue Service tax forms as individual proprietorships, partnerships, Industrial Organizationor any type of corporation, and Antitrust| 13| 0with receipts of $1,000 or more.00%| B|
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| 1997Small Business Dashboard| 0http://smallbusiness.data.gov/|Information on small business contracting activities| Aaron ncludes procurement contract transactions reported directly through the contract writing systems of approximately 65 U.S. Edlin| RegulationGovernment, Executive Branch, departments, bureaus, Industrial Organizationagencies, and Antitrustcommissions| 13Data spans contract transactions from FY 2000 onwards| 0SmallBusinessDashboard.00%| B| gov is updated with FPDS-NG data on a daily basis
|-
| 1998411 Small Business Facts| 0http://www.411sbfacts.com/| Howard A. ShelanskiSortable database of over 60 separate small business surveys| Regulation, Industrial Organization411SmallBusinessFacts.com is a searchable data base of approximately 2, 000 facts about American small businesses and their owners (or managers) produced by the NFIB Research Foundation. The Foundation developed this information from telephone surveys of small employers – those employing from one person in addition to the owner(s) to 250. Data collection began in 2001 and Antitrust| 11| 0continues through the present.00%| B|
|-
| 1999Survey of Minority Owned Businesses| 0http://www.mbda.gov/sites/default/files/2012SBO_MBEFactSheet020216.pdf| William H. GillespieData set attempting to give a comprehensive outlook to the state of minority business enterprises in the US|Minority owned business fact sheet created in January 2016| Industrial Organization-| 12NASE| 0http://www.nase.00%org/| BA trade association that provides day-to-day support for micro-businesses, including direct access to experts, benefits, and consolidated buying power that is traditionally only available to large corporations. The association is the largest nonprofit, nonpartisan association of its kind in the United States.| Presents statistics and facts on self employed members of the US economy from the 1990's to the late 2000s
|-
| 2000Federal Reserve board| 0| Peter Ghttps://www.federalreserve.gov/pubs/oss/oss3/nssbftoc. Klein| Industrial Organizationhtm| 11Federal reserve board survey of small business finances| 0Balance sheets of the firm are some examples of the types of information collected.00%| B| Working papers and methodology reports, codebooks and other related documentation, and the full public data sets are available here for the 2003, 1998, 1993, and 1987 SSBFs
|-
| 2001| 0}| -| -| 11=='''Survey Respondents on Small Business Issues'''=={| 0.00class="wikitable sortable" style="width: 100%| F| ;"
|-
! style="width: 5%;" | 2002Survey! style="width: 1%;" | 0Date! style="width: 20%;"| Cindy R. AlexanderLabor Markets! style="width: 20%;"| Industrial Organization, Corporate Finance, and RegulationCapital ! style="width: 20%;"| 11Sales | 0.00! style="width: 25%;"| BGeneral Outlook! style="width: 9%;" | Data
|-
| 2003| 0| [http://www.nfib.com/assets/SBET-| February-| 11| 02016.00%pdf SBET February 2016] | FFebruary 2016
|
*42% of businesses in the survey report few or no qualified applicants for a position that they were trying to fill
|
*4% of small business owners surveyed reported that company borrowing needs were not met
|
*11% cite weak sales as their principal business problem
|
*Spending and hiring plans fell as expectations for growth in real sales volumes declined
|
('''N=2194''', Data was obtained from membership files of the NFIB)
|-
| 2004| 0| -| -| 11| 0[http://newsroom.bankofamerica.00%| F| |-| 2005| 0| -| com/files/press_kit/additional/Small_Business_Owner_Report_-| 12| 0_Fall_2015.00%| Fpdf Small Business Owner report]
|
Fall 2015
|
*67% planned to hire 12+ employees within 2015
|
*46% of small businesses surveyed cite credit availability as their primary concern
|
*28% of businesses say they will use recently acquired funding to develop a new product or service within the next year
|
*56% say they expect the US economy to improve within the next 12 months
*72% of small businesses expect their revenue to increase for the year
|('''N=1,001''' small business owners in
the US with annual revenue $100,000<x<$4,999,999 and employing
between 2<x<99 employees)
|-
| 2006[https://wellsfargoworks.com/File/Index/J6WCK2WHn0yd-wrTX8btvA WellsFargo survey]| 0January 2016| Kristin McCue*26% of small businesses expect to hire in Q1 2016*66% of businesses expect the number of jobs to stay the same*11% of businesses say that hiring and retaining qualified staff is their most pressing problem| Labor, Small Business, *19% of businesses responded that obtaining credit was difficult*5% of say cash flow and Economic Developmentfinancial stability as the company's biggest problem*4% of businesses surveyed speculate credit availability may be prohibiting company growth| 11*14% experienced difficulty attracting customers in Q1 2016*38% of businesses surveyed stated a positive revenue increase in Q1 2016| 0.00*67% of small businesses regard their financial situation as good or very good in Q1 2016*71%expect a positive financial future within the next 12 months | B*8% of small businesses say that the economy is the principal problem their business is facing | ('''N=600''' small business owners in Q1 2016)
|-
| 2007[http://www.vistage.com/wp-content/uploads/2016/02/WSJ-CEO-Survey-0116.pdf WSJ survey]| 0January 2016| John Stevens*54% of businesses surveyed said they expect firm size to increase| Macroeconomics, Labor, Small Business*40% of businesses reported that they expect their firm's fixed investment expenditures to increase during the next 12 mo.| 11| 0.00*73% report an expected sales increase within the year *54%of firms expect their profitability to improve| B*Investments in new plant and equipment have fallen to their lowest level in more than two years*20% of firms expect the economy to worsen in the year ahead—the highest level in more than two years.|
|-
| 2008[https://www.newyorkfed.org/medialibrary/media/smallbusiness/SBCS-2014-Report.pdf NY Fed Survey]| 02014| -*27% of businesses reported an increase in their full time staff*15% reported a decrease in their full time staff*58% of respondents reported no change in their employee base| *23% of businesses reported 10-25K of debt*62% of businesses had applied for <100K of financing*41% responded they'd sought financing from a large regional bank | 11*35% of respondents reported increasing revenues and positive profitability*23% of businesses said they'd experienced difficulty in attracting customers| 0.00*29% of businesses reported personal savings as their primary financing source*29%of businesses operated at a loss | F*13% of respondents said the increasing costs of running their business was their principal concern
|
10 states of coverage: Alabama, Connecticut,Florida, Georgia, Louisiana, New Jersey,New York, Ohio, Pennsylvania, and Tennessee with businesses <500.||} =='''Holy Grail FDIC Data'''==https://www5.fdic.gov/sdi/main.asp =='''Minorities in Small Business'''== =='''Council of Economic Advisers'''=={| class="wikitable"! Year! Expert?! Name! Field of Expert! CEA Size! Percent! Grade! |-| 20091979| 0| -| -| 913
| 0.00%
| F
|
|-
| 20101980| 10| Ronnie Chatterji-| Entrepreneurship and Innovation-| 1015| 100.00%| AF
|
|-
| 20111981| 20| Lee G. Bransetter; Lisa D. Cook-| International Trade and Investment, Innovation, and Manufacturing; International Finance, Entrepreneurship, Innovation and Development-| 1116| 180.1800%| AF
|
|-
| 20121982| 10| Susan Helper-| Manufacturing, Innovation, Small Business-| 1115| 90.0900%| AF
|
|-
| 20131983
| 0
| David Balan-| Industrial Organization, Technology, Health-| 1215
| 0.00%
| BF
|
|-
| 20141984| 10| Timothy Simcoe-| Innovation, Technology, Industrial Organization-| 1112| 90.0900%| AF
|
|-
| 20151985| 10| Robert C. Seamans-| Innovation, Technology, Industrial Organization-| 1114| 90.0900%| AF
|
|-
| 20161986| 10| Victor Bennet-| Innovation, Technology, Industrial Organization-| 1315| 70.6900%| AF| |} =='''Firm Size & Employment'''==Holy Grail Data: https://www*junior staff with IO and Finance Darrel L.sba.gov/advocacy/firm-size-dataInside E\McNair\Projects\Small Business as SBA Industry and Firm Size Statistics =='''Firm Births & Deaths'''=={| class="wikitable"! colspan="3" | Quarterly Establishment Births and Deaths, 1993-2015Williams
|-
| Quarter1987| Births0| Deaths-| -| 12| 0.00%| F| *junior staff with IO, Regulation and Finance Randall S. Kroszner
|-
| Mar1988| 0| -93
| -
| 167,00013| 0.00%| F|
|-
| Jun-931989| 181,0000| 160,000-|-| Sep-9313| 0.00%| 191,000F| 148,000
|-
| Dec-931990| 1821| Adam B. Jaffe| Regulation,000Energy, and R&D| 13| 7.69%| A| 154,000
|-
| Mar-941991| 185,0000| 164,000-|-| Jun-94| 196,0000.00%| F| 162,000
|-
| Sep-941992| 2010| Andrew S. Joskow| Regulation,000Energy, and Industrial Organization| 13| 0.00%| B| 156,000
|-
| Dec-941993| 192,0000| Jonathan B. Baker| 174Regulation, Industrial Organization,000and Law|-16| Mar-950.00%| 197,000B| 161,000
|-
| Jun-951994| 1930| Jonathan B. Baker| Regulation,000Industrial Organization, and Law| 15| 0.00%| B| 167,000
|-
| Sep-951995| 193,0000| Marius Schwartz| 168Regulation, Industrial Organization,000and Antitrust|-15| Dec-950.00%| 195,000B| 174,000
|-
| Mar-961996| 2040| Timothy J. Brennan| Regulation,000Industrial Organization, and Antitrust| 13| 0.00%| B| 173,000
|-
| Jun-961997| 198,0000| Aaron S. Edlin| 171Regulation, Industrial Organization,000and Antitrust|-13| Sep-960.00%| 205,000B| 174,000
|-
| Dec-961998| 2160| Howard A. Shelanski| Regulation,000Industrial Organization, and Antitrust| 11| 0.00%| B| 175,000
|-
| Mar-971999| 211,0000| 180,000William H. Gillespie|-Industrial Organization| Jun-9712| 210,0000.00%| B| 175,000
|-
| Sep-972000| 207,0000| Peter G. Klein| Industrial Organization| 11| 0.00%| B| 173,000
|-
| Dec-972001| 200,0000| 189,000-|-| Mar-9811| 0.00%| 222,000F| 186,000
|-
| Jun-982002| 2260| Cindy R. Alexander| Industrial Organization,000Corporate Finance, and Regulation| 11| 0.00%| B| 173,000
|-
| Sep-982003| 209,0000| 185,000-|-| Dec-9811| 0.00%| 203,000F| 188,000
|-
| Mar2004| 0| -99| 213,000-| 11| 0.00%| F| 194,000
|-
| Jun-992005| 219,0000| 192,000-|-| Sep-9912| 0.00%| 209,000F| 194,000
|-
| Dec-992006| 2240| Kristin McCue| Labor,000Small Business, and Economic Development| 11| 0.00%| B| 189,000
|-
| Mar-002007| 0| 227,000John Stevens| 196Macroeconomics,000Labor, Small Business|-11| Jun-00.00%| 218,000B| 189,000
|-
| Sep2008| 0| -| -| 11| 0.00%| 222,000F| 209,000
|-
| Dec-002009| 215,0000| 204,000-|-| 1-Mar9| 0.00%| 220,000F| 214,000
|-
| 2010| 1-Jun| 217,000Ronnie Chatterji| Entrepreneurship and Innovation| 10| 10.00%| A| 212,000
|-
| 1-Sep2011| 218,0002| Lee G. Bransetter; Lisa D. Cook| 219International Trade and Investment, Innovation, and Manufacturing; International Finance, Entrepreneurship,000Innovation and Development|-11| 1-Dec18.18%| 209,000A| 208,000
|-
| 2-Mar2012| 2191| Susan Helper| Manufacturing,000Innovation, Small Business| 11| 9.09%| A| 199,000
|-
| 2-Jun2013| 228,0000| David Balan| 196Industrial Organization, Technology,000Health|-12| 2-Sep0.00%| 217,000B| 193,000
|-
| 2-Dec2014| 2161| Timothy Simcoe| Innovation,000Technology, Industrial Organization| 11| 9.09%| A| 200,000
|-
| 3-Mar2015| 215,0001| Robert C. Seamans| 194Innovation, Technology,000Industrial Organization|-11| 3-Jun9.09%| 212,000A| 194,000
|-
| 3-Sep2016| 1| 210,000Victor Bennet| 191Innovation,000Technology, Industrial Organization|-13| 3-Dec7.69%| 218,000A| 191,000|} =='''Firm Size & Employment'''==Holy Grail Data: https://www.sba.gov/advocacy/firm-size-data| 4-MarInside E\McNair\Projects\Small Business as SBA Industry and Firm Size Statistics =='''Firm Births & Deaths'''=={| 222,000class="wikitable"! colspan="3" | 193Quarterly Establishment Births and Deaths,0001993-2015
|-
| 4-JunQuarter| 218,000Births| 196,000Deaths
|-
| 4Mar-Sep93| 224,000-| 196167,000
|-
| 4Jun-Dec93| 226181,000| 160,000|-| Sep-93
| 191,000
| 148,000
|-
| 5Dec-93| 182,000| 154,000|-| Mar-94| 185,000| 227164,000|-| Jun-94
| 196,000
| 162,000
|-
| 5Sep-Jun94| 232201,000| 156,000|-| Dec-94
| 192,000
| 174,000
|-
| 5Mar-Sep95| 236197,000| 195161,000|-| Jun-95| 193,000| 167,000
|-
| 5Sep-Dec95| 236193,000| 200168,000
|-
| 6Dec-Mar| 236,00095
| 195,000
| 174,000
|-
| 6Mar-Jun96| 233204,000| 206173,000
|-
| 6Jun-Sep96| 224198,000| 210171,000
|-
| 6Sep-Dec| 236,000| 207,000|-| 7-Mar| 232,00096
| 205,000
| 174,000
|-
| 7Dec-Jun| 225,000| 215,000|-| 7-Sep| 233,00096
| 216,000
| 175,000
|-
| 7Mar-Dec97| 228211,000| 218180,000
|-
| 8Jun-Mar97| 226210,000| 224175,000
|-
| 8Sep-Jun97| 221207,000| 238173,000
|-
| 8Dec-Sep97| 216200,000| 233189,000
|-
| 8Mar-Dec98| 211222,000| 253186,000
|-
| 9Jun-Mar98| 197226,000| 247173,000|-| Sep-98| 209,000| 185,000|-| Dec-98| 203,000| 188,000
|-
| 9Mar-Jun99| 201213,000| 238194,000
|-
| 9Jun-Sep99| 219,000
| 192,000
|-
| 9Sep-Dec99| 202209,000| 218,000|-| 10-Mar| 193,000| 211194,000
|-
| 10Dec-Jun99| 193224,000| 202189,000
|-
| 10Mar-Sep00| 207227,000| 204196,000
|-
| 10Jun-Dec00| 216218,000| 201189,000
|-
| 11Sep-Mar00| 222,000| 209,000|-| Dec-00| 215,000
| 204,000
|-
| 111-JunMar| 210220,000| 206214,000
|-
| 111-SepJun| 205217,000| 196212,000
|-
| 111-DecSep| 214218,000| 198219,000
|-
| 121-MarDec| 237209,000| 187208,000
|-
| 122-JunMar| 216219,000| 195199,000
|-
| 122-SepJun| 211228,000
| 196,000
|-
| 122-DecSep| 218217,000| 183193,000
|-
| 132-MarDec| 204216,000| 192200,000
|-
| 133-Jun| 222,000Mar
| 215,000
| 194,000
|-
| 133-SepJun| 219212,000| 195194,000
|-
| 133-DecSep| 215210,000| 186191,000
|-
| 143-MarDec| 220218,000| 189191,000
|-
| 144-Mar| 222,000| 193,000|-| 4-Jun| 220218,000| -196,000
|-
| 144-Sep| 225224,000| -196,000
|-
| 144-Dec| 223226,000| -191,000
|-
| 155-Mar| 233227,000| -196,000
|-
| colspan="3" | Note: Dashes indicate not applicable.|}5-Jun[[File:Establishment Births and Deaths.png|thumb|center|upright=2.0]]Source: http://www.bls.gov/bdm/entrepreneurship/bdm_chart5.htm =='''Small Business Portion of GDP'''==232,000{| class="wikitable"! ! 1998! ! 1999! ! 2000! ! 2001! ! 2002! ! 2003! ! 2004! 192,000
|-
| Private NonFarm GDP5-Sep| Dollars236,000| Percent195,000| Dollars-| Percent5-Dec| Dollars236,000| Percent| Dollars| Percent| Dollars| Percent| Dollars| Percent| Dollars| Percent200,000
|-
| Small Business GDP6-Mar| 3236,578,026000| 50.50%195,000| 3836070-| 50.50%6-Jun| 4,068233,879| 50.30%000| 4,190206,264| 50.30%000| 4,139,771-| 48.30%6-Sep| 4,299224,941| 48.10%000| 4,522210,139| 47.50%000
|-
| Compensation6-Dec| 1236,951,708000| 48.30%207,000| 2076019-| 47.70%7-Mar| 2,231232,086| 47.20%000| 2,287205,128| 46.90%000| 2,334,808-| 47.30%7-Jun| 2,410225,676| 47.00%000| 2,520215,466| 46.90%000
|-
| Nonlabor Components7-Sep| 1233,626,318000| 53.40%216,000| 1760051-| 54.30%7-Dec| 1,837228,793| 54.80%000| 1,903218,136| 55.00%000| 1,804,963-| 49.50%8-Mar| 1,889226,265| 49.50%000| 2,001224,673| 48.30%000
|-
| Large Business GDP8-Jun| 3221,506,662000| 49.50%238,000| 3757240-| 49.50%8-Sep| 4,016216,765| 49.70%000| 4,143233,305| 49.70%000| 4,439,604-| 51.70%8-Dec| 4,646211,881| 51.90%000| 4,998253,306| 52.50%000
|-
| Compensation9-Mar| 2197,089,914000| 51.70%247,000| 2276711-| 52.30%9-Jun| 2,498201,680| 52.80%000| 2,586238,543| 53.10%000| 2,599,265-| 52.70%9-Sep| 2,719192,761| 53.00%000| 2,852227,510| 53.10%000
|-
| Nonlabor Components9-Dec| 1202,416,748000| 46.60%218,000| 1480529-| 45.70%10-Mar| 1,518193,085| 45.20%000| 1,556211,762| 45.00%000| 1,840,339-| 50.50%10-Jun| 1,927193,120| 50.50%000| 2,145202,796| 51.70%000
|-
| 10-Sep! 2005| 207,000| 204,000! 2006|-| ! 200710-Dec| ! 2008216,000| ! 2009201,000| ! 2010-| 11-Mar| 204,000| 200,000
|-
| Private NonFarm GDP11-Jun| Dollars210,000| Percent206,000| Dollars-| Percent11-Sep| Dollars205,000| Percent196,000| Dollars-| Percent| Dollars| Percent| Dollars| Percent11-Dec| 214,000| 198,000
|-
| Small Business GDP12-Mar| 4237,698,197000| 46.30%187,000| 4,948,040-| 46.10%12-Jun| 5216,182,230000| 46.20%195,000| 5,217,082-| 45.80%12-Sep| 5,080211,329| 46.00%000| 5196,210,469| 44.60%| | 000
|-
| Compensation12-Dec| 2218,650,841000| 46.70%183,000| 2,788,759-| 46.30%13-Mar| 2204,902,857000| 45.90%192,000| 2,951,310-| 45.70%13-Jun| 2,772222,211| 45.20%000| 2215,809,979| 44.80%| | 000
|-
| Nonlabor Components13-Sep| 2219,047,356000| 45.90%195,000| 2159281-| 45.90%13-Dec| 2,279215,373000| 46.60%186,000| 2,265,772-| 46.00%14-Mar| 2,308220,118| 47.00%000| 2,400189,490| 44.40%| | 000
|-
| Large Business GDP14-Jun| 5220,443,589000| 53.70%-| 5,781,123-| 53.90%14-Sep| 6225,025,888000| 53.80%-| 6,165,202-| 54.20%14-Dec| 5,971223,081| 54.00%| 6,465,158| 55.40%| 000| -
|-
| Compensation15-Mar| 3233,029,170| 53.30%| 3,234,894| 53.70%| 3,418,722| 54.10%| 3,505,231| 54.30%| 3,365,906| 54.80%| 3,455,528| 55.20%| 000| -
|-
| Nonlabor Componentscolspan="3" | 2,414,419| 54Note: Dashes indicate not applicable.10%| 2,546,229}| 54.10%| 2,607,166| 53[[File:Establishment Births and Deaths.40%png| 2,659,971thumb| 54.00%center| upright=2,605,175| 53.00%| 3,009,630| 55.60%| | |}0]]Source:httpshttp://www.sbabls.gov/sitesbdm/default/filesentrepreneurship/rs390tot_1bdm_chart5.pdfhtm =='''Big Data for Small BusinessPortion of GDP'''=={| class="wikitable"! ! 1998! ! 1999! ! 2000! "PROGRAM CHANGE:! 2001! ! 2002! ! 2003! BIG DATA FOR SMALL BUSINESS ($1.9M / 9 FTE)! 2004Small businesses are a critical element of the overall economy and are often at the leading edge of! risk|-taking, entrepreneurship, and economic growth. Yet, unlike large corporations who have staffs ofeconomists, advisors, and consultants to assist in interpreting and understanding the economy and| Private NonFarm GDP| Dollars| Percent| Dollars| Percent| Dollarsguiding investments, small businesses largely depend on limited publicly-available data.| PercentRecognizing this, and the Department’s role in supporting small business growth and decision-making,| Dollarsas well as the need for more insight into the health of the small business sector, BEA proposes a new| Percentsuite of small business data products. To inform policy, as well as Main Street decision-making, BEA| Dollarsproposes to expand data on small business by developing a Small Business Satellite Account including| Percenta new Small Business GDP to track the overall growth and health of America’s small business sector.| DollarsThis will be a key new measure, offering insight into the leading edge of the economy, as small| Percentbusinesses are often the first to react to growth or contraction in their sectors or regions, often reacting| Dollarsto changes in policy before larger corporations. Gaining such insight will also fulfill a key lesson learned| Percentfrom the 2008 financial crisis in terms of expanding the granularity of data on business activity.|-In addition to the new | Small Business GDP measure, the small business satellite account will presentnew data on the distribution of small businesses by size of employment and sales; legal form ofbusiness| 3, taxes578, and net income; by industry; and by region of the country026| 50. This data will provide50%| 3836070meaningful descriptions and the ability to understand trends over time regarding the changes in| 50.50%composition| 4, industry068, and geography of the small business sector879| 50. In addition to supporting good30%public policy at the national level| 4,190, these data will also be of substantial value to state and local264government as well as business development officials in understanding their regional economicdynamics| 50.30%Coupled with BEA’s other products| 4, such as GDP by State and Real State Personal Income139, these771new statistics will represent a wealth of new information to guide small business growth and policy| 48.30%Beyond the public policy arena, expanding the Department’s data offerings to this essentialconstituency will only further enhance the ability of America’s entrepreneurs to innovate| 4, grow299, and lead941successful businesses| 48.10%There are no risks to the development and production of new data| 4,522, and particularly not as it relates to a139new satellite account focusing on small businesses| 47. In this case, particularly given that no new data50%ESA |- 26EXHIBIT 12 – 15| Compensationcollection is proposed (the new account will be built from existing, primarily administrative| 1, data)951, and708thus no additional burden will be placed on businesses to develop the necessary data| 48.30%The opportunities presented by this proposal are considerable given the well-defined record of| 2076019| 47.70%accomplishment of accurate| 2, reliable231, official statistical data providing the knowledge basis for086economic growth as well as smart decisions in the public policy sector| 47.20%Further| 2,287, the benefit of this initiative to the Department goes to the heart of the Department’s role in128| 46.90%economic policy – the Department is the primary source of actionable statistics on the state of the| 2,334,808economy| 47. Along with the daily provision of weather information30%| 2,410, the weekly issuance of economic676indicators is one of the Department’s most important and visible functions| 47. Expanding the Department’s00%data offerings to such an important constituency is a highly valuable proposition for both the| 2,520,466Department as well as policy and business sectors| 46.90%The risk of not pursuing this proposal is perpetuating the continued lack of direct knowledge of the|-economic health of the small business sector and what that sector can tell us about the health of the| Nonlabor Componentsoverall economy. There is a clear need and desire for this information| 1,626, as demonstrated by multiple318efforts over the years by SBA and various trade associations to develop similar data sets| 53. BEA is40%uniquely suited to develop this data set given its role as the custodian of the nation’s economic| 1760051accounts| 54. Further, data on small businesses published by BEA will have the official imprimatur of BEA30%as well as the full| 1, symmetric837, and broad access to the data that is true for all BEA data products793| 54.80%Also of importance is that| 1, as a BEA data set903, the Small Business Satellite Account will provide data in136| 55.00%a consistent times series| 1,804, as well as in a format and methodology consistent with all of BEA’s accounts963thus allowing expanded analysis in full context| 49.50%Given the role and importance of small businesses in economic growth and recovery| 1,889, the addition of265new and better information to assist small business decision-making and investment will only serve tosupport small business success| 49. This is an outstanding opportunity for the Department to expand its50%service offering to this critical constituency.| 2,001,673Costs are largely personnel in nature, with a $500k expected expenditure on data purchase| 48.30%ESA |- 27EXHIBIT 12 – 15| Large Business GDPTargets without increase| 3,506,662FY| 49.50%2016| 3757240FY| 49.50%2017| 4,016,765FY| 49.70%2018| 4,143,305FY| 49.70%2019| 4,439,604FY2020Score on Customer SatisfactionSurveyGreaterthan 4| 51.070%Greaterthan | 4.0,646,881Greaterthan 4| 51.090%Greaterthan | 4.0,998,306Greaterthan 4| 52.050%Complete all Major Strategic|-Plan milestones related to| Compensationimproving the economic| 2,089,914accounts| 51.70%Successfully complete related milestones| 2276711Targets with increase| 52.30%FY| 2,498,6802016FY2017FY2018FY2019FY2020Score on Customer SatisfactionSurveyGreaterthan 4| 52.080%Greater| 2,586,543than 4| 53.110%Greater| 2,599,265than 4| 52.170%Greater| 2,719,761than 4| 53.100%Greater| 2,852,510than 4| 53.110%Complete all Major Strategic|-Plan milestones related to| Nonlabor Componentsimproving the economic| 1,416,748accounts| 46.60%Successfully complete additional milestones| 1480529specifically tied to initiative goals| 45.70%Statement of Need and Economic BenefitsThe additional economic statistics resulting from the implementation of this proposal will provide policymakers| 1, the Administration518, and the Department of Commerce with key information to assess the085economic health and capacity of the small business sector to engage in economic activity| 45. Small20%businesses comprise a large portion of the business sector in the U.S. and are often the leading edge| 1,556,762of economic growth and contraction; yet no current Federal statistical programs exist to provide acomplete picture of the small business sector| 45. While some features of the sector are measured in00%varying ways| 1, this proposal will pull them together into a concise picture840, allowing policy makers and339business leaders to assess and anticipate small business economic capacity and respond accordingly| 50.50%Specific economic benefits of this investment:• As has been demonstrated repeatedly since the introduction of regular| 1, consistent927, publicsector120economic data in the 1930s, detailed and quality economic statistics contribute| 50.50%significantly to the overall stability of the economy| 2, which itself contributes to economic growth.Specific cost savings:• While this proposal will not result in cost savings to BEA145, it will result in significantly improved796economic statistics| 51. These improved and expanded statistics will provide the right information70%to develop policies and affect business investments that will improve U.S. competitiveness and|-create new jobs.| ! 2005ESA - 28| EXHIBIT 12 – 15! 2006Possible return on investment:| • The return on investment to the Bureau, and the nation, is significant, as this initiative will serve! 2007to fill notable existing gaps in official government statistics and will provide highly valuable new| detail on the small business sector, its composition, employment, and growth by region and! 2008industry. Of great value to economic policy makers, this new data will also be of high value to| the business community, in particular small businesses. Major corporations have staffs of! 2009economists, advisors, and consultants assisting in interpreting and understanding the economy| and guiding investments – small businesses do not.! 2010• Better statistics allow policies to be more accurately calibrated and optimized by permitting a| more accurate assessment of their costs and benefits. The potential gains from this initiative| will certainly far exceed the relatively small cost.| Schedule and Milestones:|-FY16: Research and develop methodology; conduct outreach to stakeholders to gain additional| Private NonFarm GDPinformation; and expand collaboration with other Federal agency stakeholders.| DollarsFY17: Publish methodology papers and develop initial estimates; present and secure endorsement of| Percentmethodology and initial estimates from BEA Advisory Committee| DollarsFY18: Publish prototype satellite account| PercentFY19: Publish official data series| DollarsDeliverables:| PercentPapers, prototype data series and final official data series published on an annual basis.| DollarsESA - 29| PercentEXHIBIT 12 – 15| DollarsPROGRAM CHANGE PERSONNEL DETAIL| Percent(Actual | Dollars)Budget Program: Bureau of Economic Analysis| Percent| | Sub|-program: National Economic AccountsProgram Change: Big Data for | Small BusinessGDPTitle Band Interval NumberAnnualSalary Total SalarySenior Economist V 1 1 152| 4,087 152698,087197Senior Economist IV 1 2 128,575 257,150| 46.30%Economist III 1 3 87| 4,411 262948,233040Economist II 1 4 64,633 258,532| 46.10%IT Specialist III 1 2 92| 5,802 185182,604230Total 12 1,115,606| 46.20%Less Lapse (3) (278| 5,902)Total Full-time permanent (FTE) 9 836217,7040822015 Pay Adjustment (1| 45.080%) 8| 5,367080,3292016 Pay Adjustment (1| 46.300%) 10| 5,986Total 856210,057469Personnel Data| 44.60%Full-time Equivalent Employment:| Full-time permanent 9| Other than full|-time permanent 0Total 9| CompensationAuthorized Positions:| 2,650,841Full-time permanent 12| 46.70%Other than full-time permanent 0| 2,788,759ESA - | 46.30%EXHIBIT 12 – 15| 2,902,857PROGRAM CHANGE DETAIL BY OBJECT CLASS| 45.90%(Dollars in Thousands)| 2,951,310| 45.70%Budget Program: Bureau of Economic Analysis| 2,772,211Sub-program: National Economic Accounts| 45.20%Program Change: Big Data for Small Business| 2,809,979FY 2016 FY 2016| 44.80%Object Class Increase Total Program| 11.0 Personnel compensation| 11.1 Full|-time permanent 856 85611.3 Other than full-time permanent 0 0| Nonlabor Components11.5 Other personnel compensation 0 0| 2,047,35611| 45.8 Special personnel services payments 0 090%11.9 Total personnel compensation 856 856| 215928112| 45.0 Civilian personnel benefits 242 24290%13.0 Benefits for former personnel 0 0| 2,279,37321| 46.0 Travel and transportation of persons 9 960%22.0 Transportation of things 0 0| 2,265,77223| 46.1 Rental payments to GSA 0 000%23.| 2 Rental Payments to others 0 0,308,11823| 47.3 Communications00%| 2,400, utilities and miscellaneous charges 7 749024| 44.0 Printing and reproduction 0 040%| | 25.1 Advisory and assistance services 0 0|-25.2 Other services 58 58| Large Business GDP25.3 Purchases of goods & services from Gov't accounts 582 582| 5,443,58925| 53.4 Operation and maintenance of facilities 0 070%25.| 5 Research and development contracts 0 0,781,12325| 53.90%| 6 Medical care 0 0,025,88825| 53.7 Operation and maintenance of equipment 0 080%| 6,165,20225| 54.8 Subsistence and support of persons 0 020%26.0 Supplies and materials 39 39| 5,971,08131| 54.0 Equipment 125 12500%99.0 Total obligations 1| 6,918 1465,918"158 Taken from pages 26-31 of [https://www.bea.gov/about/pdf/ESA_FY_2016_CJ_Final.pdf this] report| 55.40%| =='''Survey Respondents on Small Business Issues'''=={| class="wikitable sortable" style="width: 100%;"
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| [http://wwwNonlabor Components| 2,414,419| 54.nfib.com/assets/SBET-February-2016.pdf SBET February 2016] 10%| February 20162,546,229| *4254.10% of businesses in the survey report few or no qualified applicants for a position that they were trying to fill|2,607,166*4| 53.40% of small business owners surveyed reported that company borrowing needs were not met |2,659,971*11| 54.00% cite weak sales as their principal business problem|2,605,175*Spending and hiring plans fell as expectations for growth in real sales volumes declined| 53.00%|('''N=2194'''3,009, Data was obtained from membership files of the NFIB)630|-55.60%| [http://newsroom.bankofamerica.com/files/press_kit/additional/Small_Business_Owner_Report_-_Fall_2015.pdf Small Business Owner report]
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