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=='''Firm Births & Deaths'''==
{| class="wikitable"
! colspan="3" | Quarterly Establishment Births and Deaths, 1993-2015
! style="width: 5%;" | SurveyCompensation! style="width: 1%;" | Date3,029,170! style="width: 20| 53.30%;"| Labor Markets3,234,894! style="width: 20| 53.70%;"| Capital 3,418,722! style="width: 20| 54.10%;"| Sales 3,505,231! style="width: 25| 54.30%;"| General Outlook3,365,906! style="width: 9| 54.80%;" | Data |-3,455,528| [http://www55.nfib.com/assets/SBET-February-2016.pdf SBET February 2016] 20%| 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
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*11% cite weak sales as their principal business problem
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*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)
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]|January 2016|*26% This will be a key new measure, offering insight into the leading edge of the economy, as small businesses expect to hire are often the first to react to growth or contraction in their sectors or regions, often reactingto changes in Q1 2016policy before larger corporations. Gaining such insight will also fulfill a key lesson learned*66% from the 2008 financial crisis in terms of businesses expect expanding the number granularity of jobs to stay data on business activity.In addition to the new Small Business GDP measure, the samesmall business satellite account will present*11% new data on the distribution of small businesses say that hiring by size of employment and retaining qualified staff is their most pressing problem|*19% sales; legal form of businesses responded that obtaining credit was difficult*5% business, taxes, and net income; by industry; and by region of say cash flow and financial stability as the company's biggest problemcountry. This data will provide*4% of businesses surveyed speculate credit availability may be prohibiting company growth|*14% experienced difficulty attracting customers meaningful descriptions and the ability to understand trends over time regarding the changes in Q1 2016*38% of businesses surveyed stated a positive revenue increase in Q1 2016|*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 national level, these data will also be of substantial value to state and local*8% of small businesses say that the economy is the principal problem their government as well as business is facing |('''N=600''' small business owners development officials in Q1 2016)understanding their regional economic|-dynamics.|[http://wwwCoupled with BEA’s other products, such as GDP by State and Real State Personal Income, thesenew statistics will represent a wealth of new information to guide small business growth and policy.vistage.com/wp-content/uploads/2016/02/WSJ-CEO-Survey-0116.pdf WSJ survey]|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, grow, and leadJanuary 2016successful businesses.|*54% There are no risks to the development and production of businesses surveyed said they expect firm size new data, and particularly not as it relates to increasea|*40% of new satellite account focusing on small businesses reported . In this case, particularly given that they expect their firm's fixed investment expenditures to increase during the next no new dataESA - 26EXHIBIT 12 mo.– 15|*73% report an expected sales increase within collection is proposed (the year *54% of firms expect their profitability new account will be built from existing, primarily administrative, data), andthus no additional burden will be placed on businesses to improvedevelop the necessary data.|The opportunities presented by this proposal are considerable given the well-defined record of*Investments in new plant and equipment have fallen to their lowest level in more than two years*20% accomplishment of firms expect accurate, reliable, official statistical data providing the economy to worsen knowledge basis foreconomic growth as well as smart decisions in the year ahead—the highest level in more than two yearspublic policy sector.|Further, the benefit of this initiative to the Department goes to the heart of the Department’s role in|-|[https://wwweconomic policy – the Department is the primary source of actionable statistics on the state of theeconomy.newyorkfed.org/medialibrary/media/smallbusiness/SBCS-2014-ReportAlong with the daily provision of weather information, the weekly issuance of economicindicators is one of the Department’s most important and visible functions.pdf NY Fed Survey]Expanding the Department’s|2014|data offerings to such an important constituency is a highly valuable proposition for both the*27% Department as well as policy and business sectors.The risk of not pursuing this proposal is perpetuating the continued lack of direct knowledge of businesses reported an increase in their full time staffthe*15% reported a decrease in their full time staff*58% economic health of respondents reported no change in their employee base|*23% the small business sector and what that sector can tell us about the health of businesses reported 10-25K of debtthe*62% of businesses had applied for <100K of financing*41% responded they'd sought financing from overall economy. There is a large regional bank |*35% of respondents reported increasing revenues clear need and positive profitabilitydesire for this information, as demonstrated by multiple*23% of businesses said they'd experienced difficulty in attracting customersefforts over the years by SBA and various trade associations to develop similar data sets. BEA is|*29% of businesses reported personal savings uniquely suited to develop this data set given its role as their primary financing source*29% the custodian of businesses operated at a loss *13% of respondents said the increasing costs of running their business was their principal concernnation’s economic| 10 states accounts. Further, data on small businesses published by BEA will have the official imprimatur of coverage: Alabama, Connecticut,BEAFlorida, Georgia, Louisiana, New Jersey,New Yorkas well as the full, Ohio, Pennsylvaniasymmetric, and Tennessee with businesses <500.broad access to the data that is true for all BEA data products.||} =='''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%;" | Description! style="width: 35%;" | Data Summarysupport small business success. This is an outstanding opportunity for the Department to expand its|-service offering to this critical constituency.|Dynamic Small Business Search|http://dsbsCosts are largely personnel in nature, with a $500k expected expenditure on data purchase.sba.gov/dsbs/search/dsp_dsbs.cfm|The Small Business Administration maintains the Dynamic Small Business Search (DSBS) databaseESA - 27EXHIBIT 12 – 15Targets without increaseFY2016FY2017FY2018FY2019FY2020Score on Customer SatisfactionSurveyGreaterthan 4. As a small business registers in the System for Award Management, there is an opportunity to fill out the small business profile0Greaterthan 4. The information provided populates DSBS0Greaterthan 4. DSBS is another tool contracting officers use to identify potential small business contractors for upcoming contracting opportunities0Greaterthan 4. Small businesses can also use DSBS to identify other small businesses for teaming and joint venturing0Greaterthan 4.0Complete all Major Strategic|Plan milestones related to|-improving the economic|Office of Advocacy Newsaccounts|https://www.sba.gov/advocacySuccessfully complete related milestonesTargets with increaseFY2016FY2017|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.FY2018FY|-2019|State Licenses & PermitsFY| 2020|Identifies the specific licenses or permits a business may need depending on the type of business, its location, and applicable government rules.Score on Customer Satisfaction|-Survey|FDICGreater|https://www5than 4.fdic0Greaterthan 4.gov/qbp/index1Greaterthan 4.asp1|Private sector loans to small businessesGreater|-than 4.1|World Bank Greater|http://wwwthan 4.doingbusiness.org1|The World Bank’s Doing Business series, dating Complete all Major StrategicPlan milestones related to 2001, is an annual compendium and international ranking of regulatory measures impacting small business, such as improving the number of days it takes economicaccountsSuccessfully complete additional milestonesspecifically tied to legally register a business. Different aspects appear each year.initiative goals|Doing Business offers Statement of Need and Economic BenefitsThe additional economic data statistics resulting from 2003 to the present. The data is presented in a variety implementation of ways useful to researchers, this proposal will provide policy makers, journalists the Administration, and othersthe Department of Commerce with key information to assess the|economic health and capacity of the small business sector to engage in economic activity. Small|-|Kauffman Foundation|http://wwwbusinesses comprise a large portion of the business sector in the U.kauffman.org/sectionS.aspx?id=research_and_policy |Studies and data on small business and entrepreneurshipare often the leading edge|-|Warrington College of Businesseconomic growth and contraction; yet no current Federal statistical programs exist to provide a|https://sitecomplete picture of the small business sector.warrington.ufl.edu/ritter/ipo-data/While some features of the sector are measured in|IPO data|Up to date information on IPO's including: Underpricingvarying ways, tech stocksthis proposal will pull them together into a concise picture, age, price revisions, sales, underwriting, foreign, long run returns, VC-backed IPOs from late 1900s - 2015allowing policy makers and|-business leaders to assess and anticipate small business economic capacity and respond accordingly.|Bureau Specific economic benefits of Labor Statistics|httpthis investment://www.bls.gov/bdm/|Highlights from data series produced by BLS Business Employment Dynamics (BED) program provide some insights on • As has been demonstrated repeatedly since the introduction of regular, consistent, publicsectoreconomic data in the contribution of new 1930s, detailed and small businesses quality economic statistics contributesignificantly to the number overall stability of businesses and jobs in the economy, which itself contributes to economic growth.|Set of Specific cost savings:• While this proposal will not result in cost savings to BEA, it will result in significantly improvedeconomic statistics generated from the Quarterly Census of Employment and Wages program. These quarterly data series consist of gross job gains improved and expanded statistics will provide the right informationto develop policies and affect business investments that will improve U.S. competitiveness and gross job losses statistics from 1992 forwardcreate new jobs.|ESA -28|Federal Procurement Data SystemEXHIBIT 12 – 15|httpsPossible return on investment://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 return on investment to the Bureau, and the dollarsnation, actionsis significant, as this initiative will serveto fill notable existing gaps in official government statistics and percentages for small business contracts in FY 2016 and goes back all will provide highly valuable newdetail on the way to FY 1981|-|PayNet small Business Lending Indexbusiness sector, its composition, employment, and growth by region and|http://wwwindustry.paynetonlineOf great value to economic policy makers, this new data will also be of high value tothe business community, in particular small businesses.com/issues-Major corporations have staffs ofeconomists, advisors, and consultants assisting in interpreting and-solutions/all-paynet-products/small-business-lending-index-sbli/understanding the economy|PayNet specializes in loan data and has a database which includes information on guiding investments – small businesses do not.• Better statistics allow policies to be more accurately calibrated and optimized by permitting amore than 20 million loans accurate assessment of their costs and leasesbenefits. For these indexes, PayNet uses The potential gains from this initiativewill certainly far exceed the data from US companies which have less than $1 million in total outstanding loansrelatively small cost.|The Small Business Lending Index (SBLI) measure the volume of small business loans issued over the past 30 days Schedule and are based on the most recent data from the largest commercial Milestones:FY16: Research and industrial lenders in PayNet's U.S. database, including both loans develop methodology; conduct outreach to stakeholders to gain additionalinformation; and leasesexpand collaboration with other Federal agency stakeholders. |-|PaychexFY17: Publish methodology papers and develop initial estimates; present and secure endorsement ofmethodology and initial estimates from BEA Advisory Committee|httpFY18://www.paychex.com/jobs-index/index.aspxPublish prototype satellite account|Paychex tracks changes in the employment levels of 350K small businesses with <50 employees FY19: Publish official data seriesDeliverables:|The Papers, prototype data series and final official 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 Useries published on an annual basis.S |ESA -29EXHIBIT 12 – 15PROGRAM CHANGE PERSONNEL DETAIL|ADP small business report(Actual Dollars)|httpBudget Program://www.adpemploymentreport.com/2015/March/SBS/SBSBureau of Economic AnalysisSub-NER-March-2015.aspxprogram: National Economic Accounts|The ADP Program Change: Big Data for Small Business Report provides the number of jobs created or lost by company size (Title Band Interval NumberAnnualSalary Total SalarySenior Economist V 1 1 152,087 152,087Senior Economist IV 1-19 employees2 128,575 257, 20-49) and sector (goods or services). A seperate report details job gains and losses for national franchises.150|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.Economist III 1 3 87,411 262,233|-Economist II 1 4 64,633 258,532IT Specialist III 1 2 92,802 185,604|Intuit Small Business IndexTotal 12 1,115,606|http://wwwLess Lapse (3) (278,902)Total Full-time permanent (FTE) 9 836,7042015 Pay Adjustment (1.intuit0%) 8,3672016 Pay Adjustment (1.com/company/press-room/press-releases/2015/Small-Business3%) 10,986Total 856,057Personnel DataFull-time Equivalent Employment:Full-Remainedtime permanent 9Other than full-Stagnanttime permanent 0Total 9Authorized Positions:Full-intime permanent 12Other than full-October1/time permanent 0|The index measures compensation, hours worked, and revenue for companies with <20 employeesESA - 30EXHIBIT 12 – 15PROGRAM CHANGE DETAIL BY OBJECT CLASS(Dollars in Thousands)Budget Program: Bureau of Economic Analysis|The Employment Index is based on anonymized, nonSub-identifiable aggregated data from 271,750 small business employers, a subset of users of Intuit Online Payroll and QuickBooks Onlineprogram: National Economic AccountsProgram Change: Big Data for Small BusinessFY 2016 FY 2016Object Class Increase Total Program11. The Revenue Index is based on anonymized, non0 Personnel compensation11.1 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 856 85611.|3 Other than full-time permanent 0 0|Statistic Brain|http://www11.statisticbrain5 Other personnel compensation 0 011.com/startup-failure-by-industry/8 Special personnel services payments 0 0|Startup Business Failure rates by industry11.9 Total personnel compensation 856 856|12.0 Civilian personnel benefits 242 242|-13.0 Benefits for former personnel 0 0|The National Venture Capital Association Yearbook21.0 Travel and transportation of persons 9 9|http://nvca22.org/research/stats-studies/|Details the state 0 Transportation of the venture capital market in a given yearthings 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 Reuters23.1 Rental payments to GSA 0 023.2 Rental Payments to others 0 023.3 Communications, utilities and Verified industry press miscellaneous charges 7 724.0 Printing and press releases from venture firmsreproduction 0 025. 1 Advisory and assistance services 0 0|-|NFIB Small Business Report25.2 Other services 58 58|http://www25.nfib3 Purchases of goods & services from Gov't accounts 582 58225.com/surveys/small-business-economic-trends/4 Operation and maintenance of facilities 0 0|Measures economic trends in small businesses25.5 Research and development contracts 0 0|The NFIB Research Foundation has collected Small Business Economic Trends data with quarterly surveys since the 4th quarter 25.6 Medical care 0 025.7 Operation and maintenance of 1973 equipment 0 025.8 Subsistence and monthly surveys since 1986support of persons 0 026. Survey respondents are drawn from NFIB’s membership0 Supplies and materials 39 3931. 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. ==U.S. MEPS is the most complete source of innovation data (Small Business Focused)== Example SBA Advocacy Report on the cost and use of health care and health insurance coverageSmall Business Invention|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:/*https://www.sba.gov/lenders-top-100|SBA lending datasites/default/files/rs411tot.pdf |Table displaying the 100 most active SBA 7a lenders in the US by lending volume in FY 2016 through Q2R&D Funding data|-|Kaiser Family Foundation|http*https://kffwww.aaas.org/health-costs/reportpage/2015historical-employertrends-healthfederal-benefits-survey/rd |Annual Survey WIPO List of employers providing a detailed look at trends in employer-sponsored health coverage Innovation Databases|The 2015 survey included almost 2,000 interviews with non-federal public and private firms*http://www.wipo.int/econ_stat/en/economics/research/|-|Federal ReserveSBIR data|http*https://www.federalreservesbir.gov/communitydevawards/smallannual-businesses-data-analysis.htmreports |Many Reserve Banks monitor trends and credit market conditions Federal funding for small and new businessesR&D*https://www.nsf. The polling efforts of the Federal Reserve Banks of New York and Atlanta are two examples of System work to better understand small business trendsgov/statistics/srvyfedfunds/#tabs-2 | The SBCS captures the perspectives Data check: U.S. government share of businesses with fewer than 500 employees in New York, New Jersey, Connecticut, and Pennsylvaniabasic research funding falls below 50%*http://www. There were 835 responses to the survey fielded from April 3, 2014 to June 20, 2014sciencemag. The Atlanta Fed conducted the first-quarter 2014 survey during the first four weeks of April. The survey was completed by 562 respondents|org/news/2017/03/data-check-us-government-share-basic-research-funding-falls-below-50|Entrepeneur.com report|OECD R&D spending data by country*https://wwwdata.entrepreneuroecd.comorg/pagerd/216022|Comprehensive statistics gross-domestic-spending-on small business trends in the United States for various years|-r-d.htm|United States Census Bureauand PISA|*https://wwwdata.censusoecd.govorg/econpisa/sbo/getdatascience-performance-pisa.htmlhtm |Statistics for Owner's of Small businesses in 2012BRDIS|1*https://www.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 morensf.gov/statistics/srvyindustry/about/brdis/|-|Small Business Dashboard|http*https://smallbusinesswww.datansf.gov/statistics/infbrief/nsf11300/|Information on small business contracting activities|ncludes procurement contract transactions reported directly through the contract writing systems of approximately 65 U*https://www.Snsf. Government, Executive Branchgov/statistics/srvyindustry/about/brdis/panel.cfm Global Innovation Index 2017: Switzerland, departmentsSweden, bureausNetherlands, agenciesUSA, and commissionsUK Top Annual RankingData spans contract transactions from FY 2000 onwardsSmallBusinessDashboard*http://www.wipo.gov is updated with FPDS-NG data on a daily basisint/pressroom/en/articles/2017/article_0006.html|-|411 Small Business Facts|http*https://www.411sbfactsglobalinnovationindex.comorg/|Sortable database of over 60 separate small business surveys|411SmallBusinessFactsThe 16 most innovative countries in the world*http://www.businessinsider.com is a searchable data base of approximately 2,000 facts about American small businesses and their owners (or managers) produced by /most-innovative-countries-in-the-world-2017-6/#3-netherlands-with-a-high-volume-of-patents-filed-the NFIB Research Foundation. The Foundation developed this information from telephone -netherlands-leads-the-surveys of small employers – those employing from one person -business-sophistication-rankings-the-country-also-falls-near-the-top-in addition to -the owner(s) to 250. Data collection began in 2001 -categories-of-knowledge-and-technology-outputs-which-include-things-like-inventions-and continues through the present. |-trademarks-14|Survey of Minority Owned Businesses|IMD World Competitiveness Center*http://www.mbdaimd.org/wcc/world-competitiveness-center/*http://www.govimd.org/globalassets/siteswcc/defaultdocs/filesrelease-2017/2012SBO_MBEFactSheet020216wcy-2017-vs-2016---final.pdf|Data set attempting to give a comprehensive outlook to the state of minority business enterprises in the GEM data on US|Minority owned business fact sheet created in January 2016|-|NASE|*http://www.nasegemconsortium.org/country-profile/122|A trade association that provides dayNBER Historical Cross-to-day support for micro-businesses, including direct access to experts, benefits, and consolidated buying power that is traditionally only available to large corporationsCountry Technology Adoption (HCCTA) Dataset*http://www. The association is the largest nonprofit, nonpartisan association of its kind in the United Statesnber.|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/oss3org/hccta/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| ]]
Small Business Data (view source)
Revision as of 13:43, 21 September 2020
, 13:43, 21 September 2020no edit summary
{{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}} =='''Council of Economic AdvisersSmall Business Data Sets'''=={| class="wikitablesortable" style="width: 100%;"! Year! Expert?! Name! Field of Expert! CEA Size! Percent! Grade!
|-
! style="width: 10%;" | 1979Name! style="width: 10%;" | 0| -Link! style="width: 45%;" | -Description| 13| 0.00! style="width: 35%| F;" | Data Summary
|-
| 1980Dynamic Small Business Search| 0http://dsbs.sba.gov/dsbs/search/dsp_dsbs.cfm| -| -| 15| 0The 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.00%| F|
|-
| 1981Office of Advocacy News| 0| -| -https://www.sba.gov/advocacy| 16| 0The 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.00%| F| [[Category:Small Business]]
|-
| 1982State 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|
|-
| 1983FDIC| 0| -| -| 15| 0https://www5.fdic.gov/qbp/index.00%| Fasp| Private sector loans to small businesses
|-
| 1984World 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.|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| -| -| 12Kauffman Foundation| 0http://www.00%| Fkauffman.org/section.aspx?id=research_and_policy | Studies and data on small business and entrepreneurship
|-
| 1985Warrington College of Business| 0https://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 -| 14| 0.00%| F| 2015
|-
| 1986Bureau 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.| -| 15| 0Set of statistics generated from the Quarterly Census of Employment and Wages program.00%| F| *junior staff with IO These quarterly data series consist of gross job gains and Finance Darrel Lgross job losses statistics from 1992 forward. Williams
|-
| 1987Federal Procurement Data System| 0| -| -| 12https://www.fpds.gov/fpdsng_cms/index.php/en/reports| 0A Department level report that displays Small Business data for a specified date range by Funding/Contracting Agency.00%| F| *junior staff with IOThis report displays the dollars, actions, Regulation and Finance Randall S. Krosznerpercentages for small business contracts in FY 2016 and goes back all the way to FY 1981
|-
| 1988| 0PayNet small Business Lending Index| http://www.paynetonline.com/issues-and-solutions/all-paynet-products/small-business-lending-| index-sbli/| 13PayNet 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.S. database, including both loans and leases.00%| F|
|-
| 1989| 0| -Paychex| http://www.paychex.com/jobs-index/index.aspx| 13Paychex tracks changes in the employment levels of 350K small businesses with <50 employees | 0The 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.00%| F| S
|-
| 1990ADP 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.| Adam BThe 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. Jaffe| Regulation, Energy, and R&D-| 13Intuit Small Business Index| 7http://www.69%intuit.com/company/press-room/press-releases/2015/Small-Business-Employment-Remained-Stagnant-in-October1/| AThe 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.
|-
| 1991| 0Statistic Brain| http://www.statisticbrain.com/startup-failure-| by-industry/| | 0.00%| FStartup Business Failure rates by industry|
|-
| 1992The National Venture Capital Association Yearbook| 0http://nvca.org/research/stats-studies/| Andrew S. JoskowDetails 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 Industrial Organization| 13| 0 Verified industry press and press releases from venture firms.00%| B|
|-
| 1993NFIB Small Business Report| 0http://www.nfib.com/surveys/small-business-economic-trends/| Jonathan B. BakerMeasures economic trends in small businesses| Regulation, Industrial Organization, The NFIB Research Foundation has collected Small Business Economic Trends data with quarterly surveys since the 4th quarter of 1973 and Law| 16| 0monthly 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%| B|
|-
| 1994Medical Expenditure Panel Survey| 0http://meps.ahrq.gov/mepsweb/| Jonathan BA set of large-scale surveys of families and individuals, their medical providers, and employers across the United States. BakerMEPS is the most complete source of data on the cost and use of health care and health insurance coverage| Regulation, Industrial Organization, The Household Component data are based on questionnaires fielded to individual household members and Lawtheir medical providers. The Insurance Component estimates come from a survey of employers conducted to collect health insurance plan information| 15-| 0SBA Lenders|https://www.sba.00%gov/lenders-top-100| BSBA lending data| Table displaying the 100 most active SBA 7a lenders in the US by lending volume in FY 2016 through Q2
|-
| 1995Kaiser Family Foundation| 0http://kff.org/health-costs/report/2015-employer-health-benefits-survey/| Marius SchwartzAnnual Survey of employers providing a detailed look at trends in employer-sponsored health coverage | Regulation, Industrial OrganizationThe 2015 survey included almost 2, 000 interviews with non-federal public and Antitrust| 15| 0private firms.00%| B|
|-
| 1996Federal Reserve| 0http://www.federalreserve.gov/communitydev/small-businesses-data-analysis.htm| Timothy JMany Reserve Banks monitor trends and credit market conditions for small and new businesses. BrennanThe 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 Antitrust| 13| 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
|-
| 1997| 0Entrepeneur.com report| Aaron Shttps://www. Edlin| Regulation, Industrial Organization, and Antitrust| 13| 0entrepreneur.00%| Bcom/page/216022| Comprehensive statistics on small business trends in the United States for various years
|-
| 1998United States Census Bureau| 0https://www.census.gov/econ/sbo/getdata.html| Howard A. ShelanskiStatistics 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| 11| 0with receipts of $1,000 or more.00%| B|
|-
| 1999Small Business Dashboard| 0| William Hhttp://smallbusiness.data. Gillespiegov/| Industrial OrganizationInformation on small business contracting activities| 12| 0ncludes procurement contract transactions reported directly through the contract writing systems of approximately 65 U.S.00%Government, Executive Branch, departments, bureaus, agencies, and commissions| BData spans contract transactions from FY 2000 onwards| SmallBusinessDashboard.gov is updated with FPDS-NG data on a daily basis
|-
| 2000411 Small Business Facts| 0http://www.411sbfacts.com/| Peter GSortable 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. Klein| Industrial Organization-| 11Survey of Minority Owned Businesses| 0http://www.mbda.gov/sites/default/files/2012SBO_MBEFactSheet020216.00%pdf| BData 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
|-
| 2001NASE| 0http://www.nase.org/| A trade association that provides day-to-| day support for micro-| 11| 0businesses, 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.00%| F| Presents statistics and facts on self employed members of the US economy from the 1990's to the late 2000s
|-
| 2002Federal Reserve board| 0https://www.federalreserve.gov/pubs/oss/oss3/nssbftoc.htm| Cindy R. AlexanderFederal reserve board survey of small business finances| Industrial OrganizationBalance 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, Corporate Finance1993, and Regulation| 11| 0.00%| B| 1987 SSBFs
|-
| 2003| 0}| -| -| 11=='''Survey Respondents on Small Business Issues'''=={| 0.00class="wikitable sortable" style="width: 100%| F| ;"
|-
! style="width: 5%;" | 2004Survey! style="width: 1%;" | 0Date! style="width: 20%;"| -Labor Markets! style="width: 20%;"| -Capital ! style="width: 20%;"| 11Sales | 0.00! style="width: 25%;"| FGeneral Outlook! style="width: 9%;" | Data
|-
| 2005| 0| [http://www.nfib.com/assets/SBET-| February-| 12| 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)
|-
| 2006| 0| Kristin McCue| Labor, [http://newsroom.bankofamerica.com/files/press_kit/additional/Small_Business_Owner_Report_-_Fall_2015.pdf Small Business, and Economic Development| 11| 0.00%| BOwner 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)
|-
| 2007[https://wellsfargoworks.com/File/Index/J6WCK2WHn0yd-wrTX8btvA WellsFargo survey]| 0January 2016| John Stevens*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| Macroeconomics, Labor, Small Business*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| 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)
|-
| 2008[http://www.vistage.com/wp-content/uploads/2016/02/WSJ-CEO-Survey-0116.pdf WSJ survey]| 0January 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.| 11| 0.00*73% report an expected sales increase within the year *54%of firms expect their profitability to improve| F*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.|
|-
| 2009[https://www.newyorkfed.org/medialibrary/media/smallbusiness/SBCS-2014-Report.pdf NY Fed Survey]| 0| -2014| -| 9*27% of businesses reported an increase in their full time staff| 0.00*15%reported a decrease in their full time staff| F*58% of respondents reported no change in their employee base| |*23% of businesses reported 10-25K of debt| 2010*62% of businesses had applied for <100K of financing| 1*41% responded they'd sought financing from a large regional bank | Ronnie Chatterji| Entrepreneurship *35% of respondents reported increasing revenues and Innovationpositive profitability*23% of businesses said they'd experienced difficulty in attracting customers| 10| 10.00*29% of businesses reported personal savings as their primary financing source*29%of businesses operated at a loss | A*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
!
|-
| 20111979| 20| Lee G. Bransetter; Lisa D. Cook-| International Trade and Investment, Innovation, and Manufacturing; International Finance, Entrepreneurship, Innovation and Development-| 1113| 180.1800%| AF
|
|-
| 20121980| 10| Susan Helper-| Manufacturing, Innovation, Small Business-| 1115| 90.0900%| AF
|
|-
| 20131981
| 0
| David Balan-| Industrial Organization, Technology, Health-| 1216
| 0.00%
| BF
|
|-
| 20141982| 10| Timothy Simcoe-| Innovation, Technology, Industrial Organization-| 1115| 90.0900%| AF
|
|-
| 20151983| 10| Robert C. Seamans-| Innovation, Technology, Industrial Organization-| 1115| 90.0900%| AF
|
|-
| 20161984| 10| Victor Bennet-| Innovation, Technology, Industrial Organization-| 1312| 70.6900%| AF| |-| 1985| 0| -| -| 14| 0.00%| F
|
|-
| Quarter1986| Births0| Deaths-| -| 15| 0.00%| F| *junior staff with IO and Finance Darrel L. Williams
|-
| Mar-931987| 0
| -
| 167,000-|-12| Jun-930.00%| 181,000F| 160*junior staff with IO,000Regulation and Finance Randall S. Kroszner
|-
| Sep1988| 0| -93| 191,000-| 13| 0.00%| F| 148,000
|-
| Dec1989| 0| -93| 182,000-| 13| 0.00%| F| 154,000
|-
| Mar-941990| 1851| Adam B. Jaffe| Regulation,000Energy, and R&D| 13| 7.69%| A| 164,000
|-
| Jun1991| 0| -94| 196,000-| | 0.00%| F| 162,000
|-
| Sep-941992| 2010| Andrew S. Joskow| Regulation,000Energy, and Industrial Organization| 13| 0.00%| B| 156,000
|-
| Dec-941993| 1920| Jonathan B. Baker| Regulation,000Industrial Organization, and Law| 16| 0.00%| B| 174,000
|-
| Mar-951994| 1970| Jonathan B. Baker| Regulation,000Industrial Organization, and Law| 15| 0.00%| B| 161,000
|-
| Jun-951995| 1930| Marius Schwartz| Regulation,000Industrial Organization, and Antitrust| 15| 0.00%| B| 167,000
|-
| Sep-951996| 193,0000| Timothy J. Brennan| 168Regulation, Industrial Organization,000and Antitrust|-13| Dec-950.00%| 195,000B| 174,000
|-
| Mar-961997| 2040| Aaron S. Edlin| Regulation,000Industrial Organization, and Antitrust| 13| 0.00%| B| 173,000
|-
| Jun-961998| 198,0000| Howard A. Shelanski| 171Regulation, Industrial Organization,000and Antitrust|-11| Sep-960.00%| 205,000B| 174,000
|-
| Dec-961999| 216,0000| William H. Gillespie| Industrial Organization| 12| 0.00%| B| 175,000
|-
| Mar-972000| 211,0000| 180,000Peter G. Klein|-Industrial Organization| Jun-9711| 210,0000.00%| B| 175,000
|-
| Sep2001| 0| -97| 207,000-| 11| 0.00%| F| 173,000
|-
| Dec-972002| 200,0000| Cindy R. Alexander| 189Industrial Organization, Corporate Finance,000and Regulation|-11| Mar-980.00%| 222,000B| 186,000
|-
| Jun2003| 0| -98| 226,000-| 11| 0.00%| F| 173,000
|-
| Sep-982004| 209,0000| 185,000-|-| Dec-9811| 0.00%| 203,000F| 188,000
|-
| Mar2005| 0| -99| 213,000-| 12| 0.00%| F| 194,000
|-
| Jun-992006| 219,0000| Kristin McCue| 192Labor, Small Business,000and Economic Development|-11| Sep-990.00%| 209,000B| 194,000
|-
| Dec-992007| 2240| John Stevens| Macroeconomics,000Labor, Small Business| 11| 0.00%| B| 189,000
|-
| Mar-002008| 227,0000| 196,000-|-| Jun-11| 0.00%| 218,000F| 189,000
|-
| Sep2009| 0| -| -| 9| 0.00%| 222,000F| 209,000
|-
| Dec-002010| 1| 215,000Ronnie Chatterji| 204,000Entrepreneurship and Innovation|-10| 1-Mar10.00%| 220,000A| 214,000
|-
| 1-Jun2011| 2172| Lee G. Bransetter; Lisa D. Cook| International Trade and Investment, Innovation, and Manufacturing; International Finance, Entrepreneurship,000Innovation and Development| 11| 18.18%| A| 212,000
|-
| 2012| 1-Sep| 218,000Susan Helper| 219Manufacturing,000Innovation, Small Business|-11| 1-Dec9.09%| 209,000A| 208,000
|-
| 2-Mar2013| 2190| David Balan| Industrial Organization,000Technology, Health| 12| 0.00%| B| 199,000
|-
| 2-Jun2014| 228,0001| Timothy Simcoe| 196Innovation, Technology,000Industrial Organization|-11| 2-Sep9.09%| 217,000A| 193,000
|-
| 2-Dec2015| 2161| Robert C. Seamans| Innovation,000Technology, Industrial Organization| 11| 9.09%| A| 200,000
|-
| 3-Mar2016| 1| Victor Bennet| 215Innovation, Technology,000Industrial Organization| 13| 7.69%| 194,000A|-| 3} =='''Firm Size & Employment'''==Holy Grail Data: https://www.sba.gov/advocacy/firm-size-JundataInside E\McNair\Projects\Small Business as SBA Industry and Firm Size Statistics =='''Firm Births & Deaths'''=={| 212,000class="wikitable"! colspan="3" | 194Quarterly Establishment Births and Deaths,0001993-2015
|-
| 3-SepQuarter| 210,000Births| 191,000Deaths
|-
| 3Mar-Dec93| 218,000-| 191167,000
|-
| 4Jun-Mar93| 222181,000| 193160,000
|-
| 4Sep-Jun93| 218191,000| 196148,000
|-
| 4Dec-Sep93| 224182,000| 196154,000
|-
| 4Mar-Dec94| 226185,000| 191164,000
|-
| 5Jun-Mar| 227,00094
| 196,000
| 162,000
|-
| 5Sep-Jun94| 232201,000| 156,000|-| Dec-94
| 192,000
| 174,000
|-
| Mar-95
| 197,000
| 161,000
|-
| 5Jun-Sep95| 236193,000| 195167,000
|-
| 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-Jun96| 225216,000| 215175,000
|-
| 7Mar-Sep97| 233211,000| 216180,000
|-
| 7Jun-Dec97| 228210,000| 218175,000
|-
| 8Sep-Mar97| 226207,000| 224173,000
|-
| 8Dec-Jun97| 221200,000| 238189,000
|-
| 8Mar-Sep98| 216222,000| 233186,000
|-
| 8Jun-Dec98| 211226,000| 253173,000
|-
| 9Sep-Mar98| 197209,000| 247185,000
|-
| 9Dec-Jun98| 201203,000| 238188,000
|-
| 9Mar-Sep99| 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
|-
| 9Jun-Dec| 202,00000
| 218,000
| 189,000
|-
| 10Sep-Mar00| 193222,000| 211209,000
|-
| 10Dec-Jun00| 193,000| 202,000|-| 10-Sep| 207215,000
| 204,000
|-
| 101-DecMar| 216220,000| 201214,000
|-
| 111-MarJun| 204217,000| 200212,000
|-
| 111-JunSep| 210218,000| 206219,000|-| 1-Dec| 209,000| 208,000|-| 2-Mar| 219,000| 199,000
|-
| 112-SepJun| 205228,000
| 196,000
|-
| 112-DecSep| 214217,000| 198193,000
|-
| 122-Mar| 237,000| 187,000|-| 12-JunDec
| 216,000
| 195200,000
|-
| 123-Mar| 215,000| 194,000|-| 3-Jun| 212,000| 194,000|-| 3-Sep| 211210,000| 196191,000
|-
| 123-Dec
| 218,000
| 183191,000
|-
| 134-Mar| 204,000| 192,000|-| 13-Jun
| 222,000
| 215193,000
|-
| 134-SepJun| 219218,000| 195196,000
|-
| 134-DecSep| 215224,000| 186196,000
|-
| 144-MarDec| 220226,000| 189191,000
|-
| 145-JunMar| 220227,000| -196,000
|-
| 145-Jun| 232,000| 192,000|-| 5-Sep| 225236,000| 195,000| -| 5-Dec| 236,000| 200,000
|-
| 146-DecMar| 223236,000| -195,000
|-
| 156-MarJun
| 233,000
| -206,000
|-
| colspan="3" | Note: Dashes indicate not applicable.6-Sep|}224,000 =='''Small Business Portion of GDP'''=={| class="wikitable"! ! 1998! ! 1999! ! 2000! ! 2001! ! 2002! ! 2003! ! 2004! 210,000
|-
| Private NonFarm GDP6-Dec| Dollars236,000| Percent207,000| Dollars-| Percent7-Mar| Dollars232,000| Percent| Dollars| Percent| Dollars| Percent| Dollars| Percent| Dollars| Percent205,000
|-
| Small Business GDP7-Jun| 3225,578,026| 50.50%| 3836070| 50.50%| 4,068,879| 50.30%| 4,190,264| 50.30%000| 4215,139,771| 48.30%| 4,299,941| 48.10%| 4,522,139| 47.50%000
|-
| Compensation7-Sep| 1233,951,708| 48.30%| 2076019| 47.70%| 2,231,086| 47.20%| 2,287,128| 46.90%000| 2216,334,808| 47.30%| 2,410,676| 47.00%| 2,520,466| 46.90%000
|-
| Nonlabor Components7-Dec| 1228,626,318| 53.40%| 1760051| 54.30%| 1,837,793| 54.80%000| 1218,903,136| 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| 3221,506,662| 49.50%| 3757240| 49.50%| 4,016,765| 49.70%000| 4238,143,305| 49.70%000| 4,439,604-| 51.70%8-Sep| 4,646216,881| 51.90%000| 4,998233,306| 52.50%000
|-
| Compensation8-Dec| 2211,089,914000| 51.70%253,000| 2276711-| 52.30%9-Mar| 2,498197,680| 52.80%000| 2,586247,543| 53.10%000| 2,599,265-| 52.70%9-Jun| 2,719201,761| 53.00%000| 2,852238,510| 53.10%000
|-
| Nonlabor Components9-Sep| 1192,416,748000| 46.60%227,000| 1480529-| 45.70%9-Dec| 1,518202,085| 45.20%000| 1,556218,762| 45.00%000| 1,840,339-| 50.50%10-Mar| 1,927193,120| 50.50%000| 2,145211,796| 51.70%000
|-
| 10-Jun! 2005| 193,000| 202,000! 2006|-| ! 200710-Sep| ! 2008207,000| ! 2009204,000| ! 2010-| 10-Dec| 216,000| 201,000
|-
| Private NonFarm GDP11-Mar| Dollars204,000| Percent200,000| Dollars-| Percent11-Jun| Dollars210,000| Percent206,000| Dollars-| Percent| Dollars| Percent| Dollars| Percent11-Sep| 205,000| 196,000
|-
| Small Business GDP11-Dec| 4214,698,197000| 46.30%198,000| 4,948,040-| 46.10%12-Mar| 5237,182,230000| 46.20%187,000| 5,217,082-| 45.80%12-Jun| 5,080216,329| 46.00%000| 5195,210,469| 44.60%| | 000
|-
| Compensation12-Sep| 2211,650,841000| 46.70%196,000| 2,788,759-| 46.30%12-Dec| 2,902218,857000| 45.90%183,000| 2,951,310-| 45.70%13-Mar| 2,772204,211000| 45.20%| 2192,809,979| 44.80%| | 000
|-
| Nonlabor Components13-Jun| 2222,047,356000| 45.90%215,000| 2159281-| 45.90%13-Sep| 2,279219,373000| 46.60%195,000| 2,265,772-| 46.00%13-Dec| 2,308215,118| 47.00%000| 2,400186,490| 44.40%| | 000
|-
| Large Business GDP14-Mar| 5220,443,589| 53.70%000| 5,781189,123| 53.90%000| 6,025,888-| 53.80%14-Jun| 6,165220,202000| 54.20%-| 5,971,081-| 54.00%14-Sep| 6,465225,158| 55.40%| 000| -
|-
| Compensation14-Dec| 3223,029,170| 53.30%| 3,234,894| 53.70%| 3,418,722000| 54.10%-| 3,505,231-| 54.30%15-Mar| 3,365233,906| 54.80%| 3,455,528| 55.20%| 000| -
|-
| Nonlabor Componentscolspan="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'''=={| class="wikitable"! ! 1998! ! 1999! ! 2000! ! 2001! ! 2002! ! 2003! ! 2004! |-| Private NonFarm GDP| Dollars| Percent| Dollars| Percent| Dollars| Percent| Dollars| Percent| Dollars| Percent| Dollars| Percent| Dollars| Percent|-| Small Business GDP| 3,414578,419026| 5450.50%| 3836070| 50.1050%| 24,546068,229879| 5450.1030%| 24,607190,166264| 5350.4030%| 24,659139,971771| 5448.0030%| 24,605299,175941| 5348.0010%| 34,009522,630139| 5547.6050%| -| Compensation|}1,951,708=='''Big Data for Small Business'''==| 48.30%| 2076019"PROGRAM CHANGE:BIG DATA FOR SMALL BUSINESS ($1| 47.9M / 9 FTE)70%Small businesses are a critical element of the overall economy and are often at the leading edge ofrisk-taking| 2, entrepreneurship231, and economic growth086| 47. Yet, unlike large corporations who have staffs of20%economists| 2, advisors287, and consultants to assist in interpreting and understanding the economy and128guiding investments, small businesses largely depend on limited publicly-available data| 46.90%Recognizing this| 2, and the Department’s role in supporting small business growth and decision-making334,808as well as the need for more insight into the health of the small business sector, BEA proposes a new| 47.30%suite of small business data products. To inform policy| 2, as well as Main Street decision-making410, BEA676proposes to expand data on small business by developing a Small Business Satellite Account includinga new Small Business GDP to track the overall growth and health of America’s small business sector| 47.00%This will be a key new measure, offering insight into the leading edge of the economy| 2, as smallbusinesses are often the first to react to growth or contraction in their sectors or regions520, often reacting466to changes in policy before larger corporations| 46. Gaining such insight will also fulfill a key lesson learned90%from 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 present| Nonlabor Componentsnew data on the distribution of small businesses by size of employment and sales; legal form ofbusiness| 1, taxes626, and net income; by industry; and by region of the country318| 53. This data will provide40%| 1760051meaningful descriptions and the ability to understand trends over time regarding the changes in| 54.30%composition| 1, industry837, and geography of the small business sector793| 54. In addition to supporting good80%public policy at the national level| 1,903, these data will also be of substantial value to state and local136government as well as business development officials in understanding their regional economicdynamics| 55.00%Coupled with BEA’s other products| 1, such as GDP by State and Real State Personal Income804, these963new statistics will represent a wealth of new information to guide small business growth and policy| 49.50%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| 1, grow889, and lead265successful businesses| 49.50%There are no risks to the development and production of new data| 2,001, and particularly not as it relates to a673new satellite account focusing on small businesses| 48. In this case, particularly given that no new data30%ESA |- 26EXHIBIT 12 – 15| Large Business GDPcollection is proposed (the new account will be built from existing, primarily administrative| 3, data)506, and662thus no additional burden will be placed on businesses to develop the necessary data| 49.50%| 3757240The opportunities presented by this proposal are considerable given the well-defined record of| 49.50%accomplishment of accurate| 4, reliable016, official statistical data providing the knowledge basis for765economic growth as well as smart decisions in the public policy sector| 49.70%Further| 4, the benefit of this initiative to the Department goes to the heart of the Department’s role in143,305| 49.70%economic policy – the Department is the primary source of actionable statistics on the state of the| 4,439,604economy| 51. Along with the daily provision of weather information70%| 4,646, the weekly issuance of economic881indicators is one of the Department’s most important and visible functions| 51. Expanding the Department’s90%data offerings to such an important constituency is a highly valuable proposition for both the| 4,998,306Department as well as policy and business sectors| 52.50%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| Compensationoverall economy. There is a clear need and desire for this information| 2,089, as demonstrated by multiple914efforts over the years by SBA and various trade associations to develop similar data sets| 51. BEA is70%uniquely suited to develop this data set given its role as the custodian of the nation’s economic| 2276711accounts| 52. Further, data on small businesses published by BEA will have the official imprimatur of BEA30%as well as the full| 2, symmetric498, and broad access to the data that is true for all BEA data products680| 52.80%Also of importance is that| 2, as a BEA data set586, the Small Business Satellite Account will provide data in543| 53.10%a consistent times series| 2,599, as well as in a format and methodology consistent with all of BEA’s accounts265thus allowing expanded analysis in full context| 52.70%Given the role and importance of small businesses in economic growth and recovery| 2,719, the addition of761new and better information to assist small business decision-making and investment will only serve tosupport small business success| 53. This is an outstanding opportunity for the Department to expand its00%service offering to this critical constituency.| 2,852,510Costs are largely personnel in nature, with a $500k expected expenditure on data purchase| 53.10%ESA |- 27EXHIBIT 12 – 15| Nonlabor ComponentsTargets without increase| 1,416,748FY| 46.60%2016| 1480529FY| 45.70%2017| 1,518,085FY2018FY2019FY2020Score on Customer SatisfactionSurveyGreaterthan 4| 45.020%Greater| 1,556,762than 4| 45.000%Greater| 1,840,339than 4| 50.050%Greater| 1,927,120than 4| 50.050%Greater| 2,145,796than 4| 51.070%Complete all Major Strategic|-Plan milestones related to| improving the economic! 2005accounts| Successfully complete related milestones! 2006Targets with increase| FY! 20072016| FY! 20082017| FY! 20092018| FY! 20102019| FY| 2020| Score on Customer Satisfaction|-Survey| Private NonFarm GDPGreater| Dollarsthan 4.0| PercentGreater| Dollarsthan 4.1| PercentGreater| Dollarsthan 4.1| PercentGreater| Dollarsthan 4.1| PercentGreater| Dollarsthan 4.1| PercentComplete all Major Strategic| DollarsPlan milestones related to| Percentimproving the economic| accounts| Successfully complete additional milestones|-specifically tied to initiative goals| Small Business GDPStatement of Need and Economic Benefits| 4,698,197The additional economic statistics resulting from the implementation of this proposal will provide policy| 46.30%makers| 4, the Administration948, and the Department of Commerce with key information to assess the040economic health and capacity of the small business sector to engage in economic activity| 46. Small10%businesses comprise a large portion of the business sector in the U.S. and are often the leading edge| 5,182,230of economic growth and contraction; yet no current Federal statistical programs exist to provide acomplete picture of the small business sector| 46. While some features of the sector are measured in20%varying ways| 5, this proposal will pull them together into a concise picture217, allowing policy makers and082business leaders to assess and anticipate small business economic capacity and respond accordingly| 45.80%Specific economic benefits of this investment:• As has been demonstrated repeatedly since the introduction of regular| 5, consistent080, publicsector329economic data in the 1930s, detailed and quality economic statistics contribute| 46.00%significantly to the overall stability of the economy| 5, which itself contributes to economic growth.Specific cost savings:• While this proposal will not result in cost savings to BEA210, it will result in significantly improved469economic statistics| 44. These improved and expanded statistics will provide the right information60%to develop policies and affect business investments that will improve U.S. competitiveness and| create new jobs.| ESA |- 28EXHIBIT 12 – 15| CompensationPossible return on investment:• The return on investment to the Bureau, and the nation| 2, is significant650, as this initiative will serve841to fill notable existing gaps in official government statistics and will provide highly valuable new| 46.70%detail on the small business sector, its composition| 2, employment788, and growth by region and759industry| 46. Of great value to economic policy makers30%| 2,902, this new data will also be of high value to857the business community, in particular small businesses| 45. Major corporations have staffs of90%economists| 2, advisors951, and consultants assisting in interpreting and understanding the economy310and guiding investments – small businesses do not| 45.70%• Better statistics allow policies to be more accurately calibrated and optimized by permitting a| 2,772,211more accurate assessment of their costs and benefits| 45. The potential gains from this initiative20%will certainly far exceed the relatively small cost.| 2,809,979Schedule and Milestones:FY16: Research and develop methodology; conduct outreach to stakeholders to gain additionalinformation; and expand collaboration with other Federal agency stakeholders| 44.80%FY17: Publish methodology papers and develop initial estimates; present and secure endorsement of| methodology and initial estimates from BEA Advisory Committee| FY18: Publish prototype satellite account|-FY19: Publish official data series| Nonlabor ComponentsDeliverables:| 2,047,356Papers, prototype data series and final official data series published on an annual basis| 45.90%ESA - 29| 2159281EXHIBIT 12 – 15| 45.90%PROGRAM 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 257279,150373Economist III 1 3 87,411 262,233| 46.60%Economist II 1 4 64,633 258,532IT Specialist III 1 | 2 92,802 185265,604772Total 12 1,115,606| 46.00%Less Lapse (3) (278| 2,902)Total Full-time permanent (FTE) 9 836308,7041182015 Pay Adjustment (1| 47.000%) 8| 2,367400,4902016 Pay Adjustment (1| 44.340%) 10,986Total 856,057| Personnel Data| Full|-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(Dollars in Thousands)Budget Program: Bureau of Economic AnalysisSub-program: National Economic AccountsProgram Change: Big Data for Small | Large BusinessGDPFY 2016 FY 2016| 5,443,589Object Class Increase Total Program11| 53.0 Personnel compensation70%11.1 Full-time permanent 856 85611.3 Other than full-time permanent 0 011.| 5 Other personnel compensation 0 0,781,12311| 53.8 Special personnel services payments 0 090%11.9 Total personnel compensation 856 856| 6,025,88812| 53.0 Civilian personnel benefits 242 24280%13.0 Benefits for former personnel 0 0| 6,165,20221| 54.0 Travel and transportation of persons 9 920%22.0 Transportation of things 0 023.1 Rental payments to GSA 0 023.2 Rental Payments to others 0 023.3 Communications| 5,971, utilities and miscellaneous charges 7 708124| 54.0 Printing and reproduction 0 000%25.1 Advisory and assistance services 0 025.2 Other services 58 5825.3 Purchases of goods & services from Gov't accounts 582 58225.4 Operation and maintenance of facilities 0 025.5 Research and development contracts 0 025.| 6 Medical care 0 025.7 Operation and maintenance of equipment 0 025.8 Subsistence and support of persons 0 026.0 Supplies and materials 39 3931.0 Equipment 125 12599.0 Total obligations 1,918 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://newsroomNonlabor Components| 2,414,419| 54.bankofamerica10%| 2,546,229| 54.com/files/press_kit/additional/Small_Business_Owner_Report_-_Fall_201510%| 2,607,166| 53.pdf Small Business Owner report]40%| 2,659,971| 54.00%| 2,605,175| 53.00%| 3,009,630| 55.60%|
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