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{{Project
|Has project output=Data,Content,How-to,Guide
|Has sponsor=McNair Center
|Has title=Small Business Data
|Has owner=Dylan Dickens,
|Has project status=Complete
|Has keywords=Data
}}
 
=='''Small Business Data Sets'''==
{| class="wikitable sortable" style="width: 100%;"
|-
! style="width: 10%;" | Name
! style="width: 10%;" | Link
! style="width: 45%;" | Description
! style="width: 35%;" | Data Summary
|-
|Dynamic Small Business Search
|http://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.
|
|-
|Office of Advocacy News
|https://www.sba.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.
 
[[Category:Small Business]]
|-
|State Licenses & Permits
|
|Identifies the specific licenses or permits a business may need depending on the type of business, its location, and applicable government rules.
|-
|FDIC
|https://www5.fdic.gov/qbp/index.asp
|Private sector loans to small businesses
|-
|World Bank
|http://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.
|Doing Business offers economic data from 2003 to the present. The data is presented in a variety of ways useful to researchers, policy makers, journalists and others
|
|-
|Kauffman Foundation
|http://www.kauffman.org/section.aspx?id=research_and_policy
|Studies and data on small business and entrepreneurship
|-
|Warrington College of Business
|https://site.warrington.ufl.edu/ritter/ipo-data/
|IPO 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
|-
|Bureau of Labor Statistics
|http://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.
|Set 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.
|-
|Federal Procurement Data System
|https://www.fpds.gov/fpdsng_cms/index.php/en/reports
|A Department level report that displays Small Business data for a specified date range by Funding/Contracting Agency.
|This report displays the dollars, actions, and percentages for small business contracts in FY 2016 and goes back all the way to FY 1981
|-
|PayNet small Business Lending Index
|http://www.paynetonline.com/issues-and-solutions/all-paynet-products/small-business-lending-index-sbli/
|PayNet 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.
|The 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.S. database, including both loans and leases.
|-
|Paychex
|http://www.paychex.com/jobs-index/index.aspx
|Paychex tracks changes in the employment levels of 350K small businesses with <50 employees
|The data for the jobs index comes from a subset of the Paychex client base, approximately 350,000 businesses with less than 50 workers in the U.S
|-
|ADP small business report
|http://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.
|The 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.
|-
|Intuit Small Business Index
|http://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.
|-
|Statistic Brain
|http://www.statisticbrain.com/startup-failure-by-industry/
|Startup Business Failure rates by industry
|
|-
|The National Venture Capital Association Yearbook
|http://nvca.org/research/stats-studies/
|Details the state of the venture capital market in a given year
|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 firms.
|-
|NFIB Small Business Report
|http://www.nfib.com/surveys/small-business-economic-trends/
|Measures economic trends in small businesses
|The 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.
|-
|Medical Expenditure Panel Survey
|http://meps.ahrq.gov/mepsweb/
|A set of large-scale surveys of families and individuals, their medical providers, and employers across the United States. 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 commissions
Data spans contract transactions from FY 2000 onwards
SmallBusinessDashboard.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
|-
|
|}
 
=='''Survey Respondents on Small Business Issues'''==
{| class="wikitable sortable" style="width: 100%;"
|-
! style="width: 5%;" | Survey
! style="width: 1%;" | Date
! style="width: 20%;"| Labor Markets
! style="width: 20%;"| Capital
! style="width: 20%;"| Sales
! style="width: 25%;"| General Outlook
! style="width: 9%;" | Data
|-
| [http://www.nfib.com/assets/SBET-February-2016.pdf SBET February 2016]
| February 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)
|-
| [http://newsroom.bankofamerica.com/files/press_kit/additional/Small_Business_Owner_Report_-_Fall_2015.pdf 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)
|-
| [https://wellsfargoworks.com/File/Index/J6WCK2WHn0yd-wrTX8btvA WellsFargo survey]
|
January 2016
|
*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
|
*19% of businesses responded that obtaining credit was difficult
*5% of say cash flow and financial stability as the company's biggest problem
*4% of businesses surveyed speculate credit availability may be prohibiting company growth
|
*14% experienced difficulty attracting customers in Q1 2016
*38% of businesses surveyed stated a positive revenue increase in Q1 2016
|
*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
*8% of small businesses say that the economy is the principal problem their business is facing
|('''N=600''' small business owners in Q1 2016)
|-
|[http://www.vistage.com/wp-content/uploads/2016/02/WSJ-CEO-Survey-0116.pdf WSJ survey]
|
January 2016
|
*54% of businesses surveyed said they expect firm size to increase
|
*40% of 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 the year
*54% of firms expect their profitability to improve
|
*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.
|
|-
|[https://www.newyorkfed.org/medialibrary/media/smallbusiness/SBCS-2014-Report.pdf NY Fed Survey]
|
2014
|
*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
|
*35% of respondents reported increasing revenues and positive profitability
*23% of businesses said they'd experienced difficulty in attracting customers
|
*29% of businesses reported personal savings as their primary financing source
*29% of businesses operated at a loss
*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"
|
|}
 
=='''Firm Size & Employment'''==
Holy Grail Data: https://www.sba.gov/advocacy/firm-size-data
Inside E\McNair\Projects\Small Business as SBA Industry and Firm Size Statistics
=='''Firm Births & Deaths'''==
{| class="wikitable"
! colspan="3" | Quarterly Establishment Births and Deaths, 1993-2015
|-
| Quarter
| Births
| Deaths
|-
| Mar-93
| -
| 167,000
|-
| Jun-93
| 181,000
| 160,000
|-
| Sep-93
| 191,000
| 148,000
|-
| Dec-93
| 182,000
| 154,000
|-
| Mar-94
| 185,000
| 164,000
|-
| Jun-94
| 196,000
| 162,000
|-
| Sep-94
| 201,000
| 156,000
|-
| Dec-94
| 192,000
| 174,000
|-
| Mar-95
| 197,000
| 161,000
|-
| Jun-95
| 193,000
| 167,000
|-
| Sep-95
| 193,000
| 168,000
|-
| Dec-95
| 195,000
| 174,000
|-
| Mar-96
| 204,000
| 173,000
|-
| Jun-96
| 198,000
| 171,000
|-
| Sep-96
| 205,000
| 174,000
|-
| Dec-96
| 216,000
| 175,000
|-
| Mar-97
| 211,000
| 180,000
|-
| Jun-97
| 210,000
| 175,000
|-
| Sep-97
| 207,000
| 173,000
|-
| Dec-97
| 200,000
| 189,000
|-
| Mar-98
| 222,000
| 186,000
|-
| Jun-98
| 226,000
| 173,000
|-
| Sep-98
| 209,000
| 185,000
|-
| Dec-98
| 203,000
| 188,000
|-
| Mar-99
| 213,000
| 194,000
|-
| Jun-99
| 219,000
| 192,000
|-
| Sep-99
| 209,000
| 194,000
|-
| Dec-99
| 224,000
| 189,000
|-
| Mar-00
| 227,000
| 196,000
|-
| Jun-00
| 218,000
| 189,000
|-
| Sep-00
| 222,000
| 209,000
|-
| Dec-00
| 215,000
| 204,000
|-
| 1-Mar
| 220,000
| 214,000
|-
| 1-Jun
| 217,000
| 212,000
|-
| 1-Sep
| 218,000
| 219,000
|-
| 1-Dec
| 209,000
| 208,000
|-
| 2-Mar
| 219,000
| 199,000
|-
| 2-Jun
| 228,000
| 196,000
|-
| 2-Sep
| 217,000
| 193,000
|-
| 2-Dec
| 216,000
| 200,000
|-
| 3-Mar
| 215,000
| 194,000
|-
| 3-Jun
| 212,000
| 194,000
|-
| 3-Sep
| 210,000
| 191,000
|-
| 3-Dec
| 218,000
| 191,000
|-
| 4-Mar
| 222,000
| 193,000
|-
| 4-Jun
| 218,000
| 196,000
|-
| 4-Sep
| 224,000
| 196,000
|-
| 4-Dec
| 226,000
| 191,000
|-
| 5-Mar
| 227,000
| 196,000
|-
| 5-Jun
| 232,000
| 192,000
|-
| 5-Sep
| 236,000
| 195,000
|-
| 5-Dec
| 236,000
| 200,000
|-
| 6-Mar
| 236,000
| 195,000
|-
| 6-Jun
| 233,000
| 206,000
|-
| 6-Sep
| 224,000
| 210,000
|-
| 6-Dec
| 236,000
| 207,000
|-
| 7-Mar
| 232,000
| 205,000
|-
| 7-Jun
| 225,000
| 215,000
|-
| 7-Sep
| 233,000
| 216,000
|-
| 7-Dec
| 228,000
| 218,000
|-
| 8-Mar
| 226,000
| 224,000
|-
| 8-Jun
| 221,000
| 238,000
|-
| 8-Sep
| 216,000
| 233,000
|-
| 8-Dec
| 211,000
| 253,000
|-
| 9-Mar
| 197,000
| 247,000
|-
| 9-Jun
| 201,000
| 238,000
|-
| 9-Sep
| 192,000
| 227,000
|-
| 9-Dec
| 202,000
| 218,000
|-
| 10-Mar
| 193,000
| 211,000
|-
| 10-Jun
| 193,000
| 202,000
|-
| 10-Sep
| 207,000
| 204,000
|-
| 10-Dec
| 216,000
| 201,000
|-
| 11-Mar
| 204,000
| 200,000
|-
| 11-Jun
| 210,000
| 206,000
|-
| 11-Sep
| 205,000
| 196,000
|-
| 11-Dec
| 214,000
| 198,000
|-
| 12-Mar
| 237,000
| 187,000
|-
| 12-Jun
| 216,000
| 195,000
|-
| 12-Sep
| 211,000
| 196,000
|-
| 12-Dec
| 218,000
| 183,000
|-
| 13-Mar
| 204,000
| 192,000
|-
| 13-Jun
| 222,000
| 215,000
|-
| 13-Sep
| 219,000
| 195,000
|-
| 13-Dec
| 215,000
| 186,000
|-
| 14-Mar
| 220,000
| 189,000
|-
| 14-Jun
| 220,000
| -
|-
| 14-Sep
| 225,000
| -
|-
| 14-Dec
| 223,000
| -
|-
| 15-Mar
| 233,000
| -
|-
| colspan="3" | Note: Dashes indicate not applicable.
|}
 
[[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'''==
|}
Source:https://www.sba.gov/sites/default/files/rs390tot_1.pdf =='''Survey Respondents on Big Data for Small Business Issues'''=={| class="wikitable sortable" style="width: 100%;"|-! style="widthPROGRAM CHANGE: 5%;" | Survey! style="width: BIG DATA FOR SMALL BUSINESS ($1%;" | Date.9M / 9 FTE)! style="width: 20%;"| Labor MarketsSmall businesses are a critical element of the overall economy and are often at the leading edge of! style="width: 20%;"| Capital risk-taking, entrepreneurship, and economic growth. Yet, unlike large corporations who have staffs of! style="width: 20%;"| Sales economists, advisors, and consultants to assist in interpreting and understanding the economy and! style="width: 25%;"| General Outlookguiding investments, small businesses largely depend on limited publicly-available data.! style="width: 9%;" | Data Recognizing this, and the Department’s role in supporting small business growth and decision-making,|-as well as the need for more insight into the health of the small business sector, BEA proposes a new| [http://wwwsuite of small business data products.nfib.com/assets/SBETTo inform policy, as well as Main Street decision-February-2016.pdf SBET February 2016] making, BEA| February 2016proposes 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.*42% This will be a key new measure, offering insight into the leading edge of the economy, as smallbusinesses are often the first to react to growth or contraction in the survey report few their sectors or no qualified applicants for regions, often reactingto changes in policy before larger corporations. Gaining such insight will also fulfill a position that they were trying key lesson learnedfrom the 2008 financial crisis in terms of expanding the granularity of data on business activity.In addition to fillthe 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, taxes, and net income; by industry; and by region of the country. This data will provide|meaningful descriptions and the ability to understand trends over time regarding the changes in*4% composition, industry, and geography of the small business owners surveyed reported that company borrowing needs were not met sector. In addition to supporting good|public policy at the national level, these data will also be of substantial value to state and local*11% cite weak sales government as well as business development officials in understanding their principal business problemregional economic|dynamics.*Spending Coupled with BEA’s other products, such as GDP by State and hiring plans fell as expectations for Real State Personal Income, thesenew statistics will represent a wealth of new information to guide small business growth in real sales volumes declinedand policy.|('''N=2194'''Beyond the public policy arena, Data was obtained from membership files of expanding the NFIB)Department’s data offerings to this essential|-constituency will only further enhance the ability of America’s entrepreneurs to innovate, grow, and lead| [http://newsroomsuccessful businesses.bankofamericaThere are no risks to the development and production of new data, and particularly not as it relates to anew satellite account focusing on small businesses.com/files/press_kit/additional/Small_Business_Owner_Report_In this case, particularly given that no new dataESA -_Fall_2015.pdf Small Business Owner report]26| EXHIBIT 12 – 15Fall 2015collection is proposed (the new account will be built from existing, primarily administrative, data), and|*67% planned thus no additional burden will be placed on businesses to hire 12+ employees within 2015develop the necessary data.|The opportunities presented by this proposal are considerable given the well-defined record of*46% accomplishment of small businesses surveyed cite credit availability accurate, reliable, official statistical data providing the knowledge basis foreconomic growth as well as their smart decisions in the public policy sector.Further, the benefit of this initiative to the Department goes to the heart of the Department’s role ineconomic policy – the Department is the primary concern source of actionable statistics on the state of the|economy. Along with the daily provision of weather information, the weekly issuance of economic*28% indicators is one of businesses say they will use recently acquired funding the Department’s most important and visible functions. Expanding the Department’sdata offerings to develop such an important constituency is a new product or service within highly valuable proposition for both the next year|Department as well as policy and business sectors.The risk of not pursuing this proposal is perpetuating the continued lack of direct knowledge of the*56% say they expect economic health of the small business sector and what that sector can tell us about the health of the US overall economy . There is a clear need and desire for this information, as demonstrated by multipleefforts over the years by SBA and various trade associations to develop similar data sets. BEA isuniquely suited to improve within develop this data set given its role as the custodian of the next 12 monthsnation’s economic*72% of accounts. Further, data on small businesses expect their revenue published by BEA will have the official imprimatur of BEAas well as the full, symmetric, and broad access to increase the data that is true for all BEA data products.Also of importance is that, as a BEA data set, the yearSmall Business Satellite Account will provide data ina consistent times series, as well as in a format and methodology consistent with all of BEA’s accountsthus allowing expanded analysis in full context.|('''N=1Given the role and importance of small businesses in economic growth and recovery,001''' the addition ofnew and better information to assist small business owners indecision-making and investment will only serve tosupport small business success. This is an outstanding opportunity for the US Department to expand itsservice offering to this critical constituency.Costs are largely personnel in nature, with annual revenue $100,000<x<a $500k expected expenditure on data purchase.ESA - 27EXHIBIT 12 – 15Targets without increaseFY2016FY2017FY2018FY2019FY2020Score on Customer SatisfactionSurveyGreaterthan 4.0Greaterthan 4.0Greaterthan 4,999,999 and employing.0Greaterbetween 2<x<99 employees)than 4.0|-Greater| [https://wellsfargoworksthan 4.com/File/Index/J6WCK2WHn0yd-wrTX8btvA WellsFargo survey]0Complete all Major StrategicPlan milestones related toimproving the economicaccountsSuccessfully complete related milestonesTargets with increase|FYJanuary 2016|FY2017FY2018FY2019FY2020Score on Customer SatisfactionSurveyGreaterthan 4.0Greaterthan 4.1Greaterthan 4.1Greaterthan 4.1Greaterthan 4.1Complete all Major StrategicPlan milestones related toimproving the economicaccountsSuccessfully complete additional milestonesspecifically tied to initiative goalsStatement of Need and Economic BenefitsThe additional economic statistics resulting from the implementation of this proposal will provide policymakers, the Administration, and the Department of Commerce with key information to assess the*26% economic health and capacity of the small businesses expect business sector to hire engage in Q1 2016economic activity. Small*66% businesses comprise a large portion of businesses expect the number business sector in the U.S. and are often the leading edgeof jobs economic growth and contraction; yet no current Federal statistical programs exist to stay provide acomplete picture of the small business sector. While some features of the samesector are measured in*11% of businesses say that hiring varying ways, this proposal will pull them together into a concise picture, allowing policy makers and retaining qualified staff is their most pressing problem|business leaders to assess and anticipate small business economic capacity and respond accordingly.*19% Specific economic benefits of businesses responded that obtaining credit was difficultthis investment:*5% • As has been demonstrated repeatedly since the introduction of say cash flow regular, consistent, publicsectoreconomic data in the 1930s, detailed and financial quality economic statistics contributesignificantly to the overall stability as of the company's biggest problem*4% of businesses surveyed speculate credit availability may be prohibiting company economy, which itself contributes to economic growth.|Specific cost savings:*14% experienced difficulty attracting customers • While this proposal will not result in cost savings to BEA, it will result in Q1 2016significantly improvedeconomic statistics. These improved and expanded statistics will provide the right informationto develop policies and affect business investments that will improve U.S. competitiveness andcreate new jobs. ESA - 28EXHIBIT 12 – 15Possible return on investment:• The return on investment to the Bureau, and the nation, is significant, as this initiative will serve*38% of businesses surveyed stated a positive revenue increase to fill notable existing gaps in Q1 2016official government statistics and will provide highly valuable new|detail on the small business sector, its composition, employment, and growth by region and*67% industry. Of great value to economic policy makers, this new data will also be of high value tothe business community, in particular small businesses regard their financial situation as good or very good . Major corporations have staffs ofeconomists, advisors, and consultants assisting in Q1 2016interpreting and understanding the economyand guiding investments – small businesses do not.*71% expect • Better statistics allow policies to be more accurately calibrated and optimized by permitting a positive financial future within more accurate assessment of their costs and benefits. The potential gains from this initiativewill certainly far exceed the next relatively small cost.Schedule and Milestones:FY16: Research and develop methodology; conduct outreach to stakeholders to gain additionalinformation; and expand collaboration with other Federal agency stakeholders.FY17: Publish methodology papers and develop initial estimates; present and secure endorsement ofmethodology and initial estimates from BEA Advisory CommitteeFY18: Publish prototype satellite accountFY19: Publish official data seriesDeliverables:Papers, prototype data series and final official data series published on an annual basis.ESA - 29EXHIBIT 12 – 15PROGRAM CHANGE PERSONNEL DETAIL(Actual Dollars)Budget Program: Bureau of Economic AnalysisSub-program: National Economic AccountsProgram Change: Big Data for Small BusinessTitle Band Interval NumberAnnualSalary Total SalarySenior Economist V 1 1 152,087 152,087Senior Economist IV 1 2 128,575 257,150Economist III 1 3 87,411 262,233Economist II 1 4 64,633 258,532IT Specialist III 1 2 92,802 185,604Total 12 months 1,115,606Less Lapse (3) (278,902)Total Full-time permanent (FTE) 9 836,704*2015 Pay Adjustment (1.0%) 8,3672016 Pay Adjustment (1.3% of small businesses say that the economy is the principal problem their business is facing ) 10,986Total 856,057Personnel DataFull-time Equivalent Employment:Full-time permanent 9Other than full-time permanent 0Total 9Authorized Positions:Full-time permanent 12Other than full-time permanent 0ESA - 30EXHIBIT 12 – 15PROGRAM CHANGE DETAIL BY OBJECT CLASS|('''N=600''' small business owners Dollars in Q1 2016Thousands)|Budget Program: Bureau of Economic AnalysisSub-program: National Economic Accounts|[httpProgram Change://wwwBig Data for Small BusinessFY 2016 FY 2016Object Class Increase Total Program11.vistage0 Personnel compensation11.com/wp1 Full-content/uploads/2016/02/WSJtime permanent 856 85611.3 Other than full-CEO-Survey-0116time permanent 0 011.5 Other personnel compensation 0 011.8 Special personnel services payments 0 011.pdf WSJ survey]9 Total personnel compensation 856 856|12.0 Civilian personnel benefits 242 242January 201613.0 Benefits for former personnel 0 0|21.0 Travel and transportation of persons 9 9*54% 22.0 Transportation of businesses surveyed said they expect firm size things 0 023.1 Rental payments to GSA 0 023.2 Rental Payments to increaseothers 0 023.3 Communications, utilities and miscellaneous charges 7 724.0 Printing and reproduction 0 025.1 Advisory and assistance services 0 0|25.2 Other services 58 58*40% 25.3 Purchases of businesses reported that they expect their firmgoods & services from Gov's fixed investment expenditures to increase during the next 12 mot accounts 582 58225.4 Operation and maintenance of facilities 0 0|25.5 Research and development contracts 0 0*73% report an expected sales increase within the year 25.6 Medical care 0 0*54% 25.7 Operation and maintenance of firms expect their profitability to improveequipment 0 0|25.8 Subsistence and support of persons 0 0*Investments in new plant 26.0 Supplies and equipment have fallen to their lowest level in more than two yearsmaterials 39 3931.0 Equipment 125 125*20% of firms expect the economy to worsen in the year ahead—the highest level in more than two years99.0 Total obligations 1,918 1,918"||Taken from pages 26-|31 of [https://www.newyorkfedbea.orggov/medialibraryabout/mediapdf/smallbusiness/SBCS-2014-ReportESA_FY_2016_CJ_Final.pdf NY Fed Surveythis]report.|2014==U.S. innovation data (Small Business Focused)==|Example SBA Advocacy Report on Small Business Invention*https://www.sba.gov/sites/default/files/rs411tot.pdf US R&D Funding data*27% https://www.aaas.org/page/historical-trends-federal-rd WIPO List of businesses reported an increase in their full time staffInnovation Databases*15% reported a decrease in their full time staffhttp://www.wipo.int/econ_stat/en/economics/research/ SBIR data*58% of respondents reported no change in their employee basehttps://www.sbir.gov/awards/annual-reports |Federal funding for R&D*23% of businesses reported 10https://www.nsf.gov/statistics/srvyfedfunds/#tabs-25K 2 Data check: U.S. government share of debtbasic research funding falls below 50%*62% of businesses had applied for <100K of financinghttp://www.sciencemag.org/news/2017/03/data-check-us-government-share-basic-research-funding-falls-below-50 OECD R&D spending data by country*41% responded they'https://data.oecd.org/rd/gross-domestic-spending-on-r-d sought financing from a large regional bank .htm|and PISA*35% of respondents reported increasing revenues and positive profitabilityhttps://data.oecd.org/pisa/science-performance-pisa.htm*23% of businesses said they'd experienced difficulty in attracting customers|BRDIS*29% of businesses reported personal savings as their primary financing sourcehttps://www.nsf.gov/statistics/srvyindustry/about/brdis/*29% of businesses operated at a loss https://www.nsf.gov/statistics/infbrief/nsf11300/*13% of respondents said the increasing costs of running their business was their principal concernhttps://www.nsf.gov/statistics/srvyindustry/about/brdis/panel.cfm| 10 states of coverageGlobal Innovation Index 2017: AlabamaSwitzerland, ConnecticutSweden,FloridaNetherlands, Georgia, Louisiana, New JerseyUSA,UK Top Annual Ranking*http://www.wipo.int/pressroom/en/articles/2017/article_0006.html*https://www.globalinnovationindex.org/ The 16 most innovative countries in the worldNew York, Ohio, Pennsylvania, *http://www.businessinsider.com/most-innovative-countries-in-the-world-2017-6/#3-netherlands-with-a-high-volume-of-patents-filed-the-netherlands-leads-the-surveys-business-sophistication-rankings-the-country-also-falls-near-the-top-in-the-categories-of-knowledge-and-technology-outputs-which-include-things-like-inventions-and Tennessee with businesses <500-trademarks-14 IMD World Competitiveness Center*http://www.imd.org/wcc/world-competitiveness-center/*http://www.imd.org/globalassets/wcc/docs/release-2017/wcy-2017-vs-2016---final.pdf |GEM data on US|}*http://www.gemconsortium.org/country-profile/122
=='''Small Business Data Sets'''=={| class="wikitable sortable" style="width: 100%;"|NBER Historical Cross-! style="width: 10%;" | Name! style="width: 10%;" | Link! style="width: 45%;" | Description! style="width: 35%;" | Data Summary|-|Dynamic Small Business Search|http://dsbs.sba.gov/dsbs/search/dsp_dsbs.cfm|The Small Business Administration maintains the Dynamic Small Business Search Country Technology Adoption (DSBSHCCTA) 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.||-|Office of Advocacy News|https://www.sba.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.|-|State Licenses & Permits| |Identifies the specific licenses or permits a business may need depending on the type of business, its location, and applicable government rules.|-|FDIC|https://www5.fdic.gov/qbp/index.asp|Private sector loans to small businesses|-|World Bank |http://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.|Doing Business offers economic data from 2003 to the present. The data is presented in a variety of ways useful to researchers, policy makers, journalists and others||-|Kauffman FoundationDataset|*http://www.kauffmannber.org/section.aspx?id=research_and_policy |Studies and data on small business and entrepreneurship|-|Warrington College of Business|https://site.warrington.ufl.edu/ritter/ipo-data/|IPO 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|-|Bureau of Labor Statistics|http://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.|Set 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.|-|Federal Procurement Data System|https://www.fpds.gov/fpdsng_cms/index.php/en/reports|A Department level report that displays Small Business data for a specified date range by Funding/Contracting Agency.|This report displays the dollars, actions, and percentages for small business contracts in FY 2016 and goes back all the way to FY 1981|-|PayNet small Business Lending Index|http://www.paynetonline.com/issues-and-solutions/all-paynet-products/small-business-lending-index-sbli/|PayNet 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.|The 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.S. database, including both loans and leases. |-|Paychex|http://www.paychex.com/jobs-index/index.aspx|Paychex tracks changes in the employment levels of 350K small businesses with <50 employees |The data for the jobs index comes from a subset of the Paychex client base, approximately 350,000 businesses with less than 50 workers in the U.S |-|ADP small business report|http://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.|The 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.|-|Intuit Small Business Index|http:/hccta/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.|-|Statistic Brain|http://www.statisticbrain.com/startup-failure-by-industry/|Startup Business Failure rates by industry||-|The National Venture Capital Association Yearbook|http://nvca.org/research/stats-studies/|Details the state of the venture capital market in a given year|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 firms. |-|NFIB Small Business Report|http://www.nfib.com/surveys/small-business-economic-trends/|Measures economic trends in small businesses|The 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. |-|Medical Expenditure Panel Survey|http://meps.ahrq.gov/mepsweb/|A set of large-scale surveys of families and individuals, their medical providers, and employers across the United States. 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| ]]
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