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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}} =='''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
|
|}
 
=='''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
|-
| Quarter1986| Births0| Deaths|-| Mar-93
| -
| 167,00015|-0.00%| Jun-93F| 181,000| 160,000*junior staff with IO and Finance Darrel L. Williams
|-
| Sep1987| 0| -| -93| 191,00012| 0.00%| F| 148*junior staff with IO,000Regulation and Finance Randall S. Kroszner
|-
| Dec-931988| 182,0000| 154,000-|-| Mar-9413| 0.00%| 185,000F| 164,000
|-
| Jun1989| 0| -94| 196,000-| 13| 0.00%| F| 162,000
|-
| Sep-941990| 201,0001| Adam B. Jaffe| 156Regulation, Energy,000and R&D|-13| Dec-947.69%| 192,000A| 174,000
|-
| Mar1991| 0| -95| 197,000-| | 0.00%| F| 161,000
|-
| Jun-951992| 193,0000| Andrew S. Joskow| 167Regulation, Energy,000and Industrial Organization|-13| Sep-950.00%| 193,000B| 168,000
|-
| Dec-951993| 1950| Jonathan B. Baker| Regulation,000Industrial Organization, and Law| 16| 0.00%| B| 174,000
|-
| Mar-961994| 204,0000| Jonathan B. Baker| 173Regulation, Industrial Organization,000and Law|-15| Jun-960.00%| 198,000B| 171,000
|-
| Sep-961995| 2050| Marius Schwartz| Regulation,000Industrial Organization, and Antitrust| 15| 0.00%| B| 174,000
|-
| Dec-961996| 216,0000| Timothy J. Brennan| 175Regulation, Industrial Organization,000and Antitrust|-13| Mar-970.00%| 211,000B| 180,000
|-
| Jun-971997| 2100| Aaron S. Edlin| Regulation,000Industrial Organization, and Antitrust| 13| 0.00%| B| 175,000
|-
| Sep-971998| 207,0000| Howard A. Shelanski| 173Regulation, Industrial Organization,000and Antitrust|-11| Dec-970.00%| 200,000B| 189,000
|-
| Mar-981999| 222,0000| William H. Gillespie| Industrial Organization| 12| 0.00%| B| 186,000
|-
| Jun-982000| 226,0000| 173,000Peter G. Klein|-Industrial Organization| Sep-9811| 209,0000.00%| B| 185,000
|-
| Dec2001| 0| -98| 203,000-| 11| 0.00%| F| 188,000
|-
| Mar-992002| 213,0000| Cindy R. Alexander| 194Industrial Organization, Corporate Finance,000and Regulation|-11| Jun-990.00%| 219,000B| 192,000
|-
| Sep2003| 0| -99| 209,000-| 11| 0.00%| F| 194,000
|-
| Dec-992004| 224,0000| 189,000-|-| Mar-11| 0.00%| 227,000F| 196,000
|-
| Jun2005| 0| -| -| 12| 0.00%| 218,000F| 189,000
|-
| Sep-002006| 0| 222,000Kristin McCue| 209Labor,000Small Business, and Economic Development|-11| Dec-00.00%| 215,000B| 204,000
|-
| 1-Mar2007| 2200| John Stevens| Macroeconomics,000Labor, Small Business| 11| 0.00%| B| 214,000
|-
| 1-Jun2008| 217,0000| 212,000-|-| 1-Sep11| 0.00%| 218,000F| 219,000
|-
| 12009| 0| -Dec| 209,000-| 9| 0.00%| F| 208,000
|-
| 2-Mar2010| 219,0001| 199,000Ronnie Chatterji|-Entrepreneurship and Innovation| 2-Jun10| 228,00010.00%| A| 196,000
|-
| 2011| 2-Sep| 217Lee G. Bransetter; Lisa D. Cook| International Trade and Investment, Innovation, and Manufacturing; International Finance, Entrepreneurship,000Innovation and Development| 11| 18.18%| A| 193,000
|-
| 2-Dec2012| 216,0001| Susan Helper| 200Manufacturing, Innovation,000Small Business|-11| 3-Mar9.09%| 215,000A| 194,000
|-
| 3-Jun2013| 2120| David Balan| Industrial Organization,000Technology, Health| 12| 0.00%| B| 194,000
|-
| 3-Sep2014| 210,0001| Timothy Simcoe| 191Innovation, Technology,000Industrial Organization|-11| 3-Dec9.09%| 218,000A| 191,000
|-
| 4-Mar2015| 2221| Robert C. Seamans| Innovation,000Technology, Industrial Organization| 11| 9.09%| A| 193,000
|-
| 4-Jun2016| 1| Victor Bennet| 218Innovation,000Technology, Industrial Organization| 196,00013| 7.69%| A|-| 4} =='''Firm Size & Employment'''==Holy Grail Data: https://www.sba.gov/advocacy/firm-size-SepdataInside E\McNair\Projects\Small Business as SBA Industry and Firm Size Statistics =='''Firm Births & Deaths'''=={| 224,000class="wikitable"! colspan="3" | 196Quarterly Establishment Births and Deaths,0001993-2015
|-
| 4-DecQuarter| 226,000Births| 191,000Deaths
|-
| 5Mar-Mar93| 227,000-| 196167,000
|-
| 5Jun-Jun93| 232181,000| 192160,000
|-
| 5Sep-Sep93| 236191,000| 195148,000
|-
| 5Dec-Dec93| 236182,000| 200154,000
|-
| 6Mar-Mar94| 236185,000| 195164,000
|-
| 6Jun-Jun94| 233196,000| 206162,000
|-
| 6Sep-Sep94| 224201,000| 210156,000
|-
| 6Dec-Dec94| 236192,000| 207174,000
|-
| 7Mar-Mar95| 232197,000| 205161,000
|-
| 7Jun-Jun95| 225193,000| 215167,000
|-
| 7Sep-Sep95| 233193,000| 216168,000
|-
| 7Dec-Dec95| 228195,000| 218174,000
|-
| 8Mar-Mar96| 226204,000| 224173,000
|-
| 8Jun-Jun96| 221198,000| 238171,000
|-
| 8Sep-96| 205,000| 174,000|-| Dec-Sep96
| 216,000
| 233175,000
|-
| 8Mar-Dec97
| 211,000
| 253180,000
|-
| 9Jun-Mar97| 197210,000| 247175,000
|-
| 9Sep-Jun97| 201207,000| 238173,000
|-
| 9Dec-Sep97| 192200,000| 227189,000
|-
| 9Mar-Dec98| 202222,000| 218186,000
|-
| 10Jun-Mar98| 193226,000| 211173,000
|-
| 10Sep-Jun98| 193209,000| 202185,000
|-
| 10Dec-Sep98| 207203,000| 204188,000
|-
| 10Mar-Dec99| 216213,000| 201194,000
|-
| 11Jun-Mar99| 204219,000| 200192,000
|-
| 11Sep-Jun99| 210209,000| 206194,000
|-
| 11Dec-Sep99| 205224,000| 196189,000
|-
| 11-Dec| 214,000| 198,000|-| 12-Mar| 237,000| 187,000|-| 12-Jun| 216,000| 195,000|-| 12-Sep00| 211227,000
| 196,000
|-
| 12Jun-Dec00
| 218,000
| 183189,000
|-
| 13Sep-Mar00| 204222,000| 192209,000
|-
| 13Dec-Jun| 222,00000
| 215,000
| 204,000
|-
| 131-SepMar| 219220,000| 195214,000
|-
| 131-DecJun| 215217,000| 186212,000
|-
| 141-MarSep| 220218,000| 189219,000
|-
| 141-JunDec| 220209,000| -208,000
|-
| 142-SepMar| 225219,000| -199,000
|-
| 142-DecJun| 223228,000| -196,000
|-
| 152-MarSep| 233217,000| -193,000
|-
| colspan="3" | Note: Dashes indicate not applicable.2-Dec|}216,000[[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! 200,000
|-
| Private NonFarm GDP3-Mar| Dollars215,000| Percent194,000| Dollars-| Percent3-Jun| Dollars212,000| Percent| Dollars| Percent| Dollars| Percent| Dollars| Percent| Dollars| Percent194,000
|-
| Small Business GDP| 3,578,026| 50.50%| 3836070| 50.50%| 4,068,879| 50.30%| 4,190,264-Sep| 50.30%| 4210,139,771| 48.30%000| 4191,299,941| 48.10%| 4,522,139| 47.50%000
|-
| Compensation3-Dec| 1218,951,708| 48.30%| 2076019| 47.70%| 2,231,086| 47.20%| 2,287,128| 46.90%000| 2191,334,808| 47.30%| 2,410,676| 47.00%| 2,520,466| 46.90%000
|-
| Nonlabor Components4-Mar| 1222,626,318| 53.40%| 1760051| 54.30%| 1,837,793| 54.80%000| 1193,903,136| 55.00%000| 1,804,963-| 49.50%4-Jun| 1,889218,265| 49.50%000| 2,001196,673| 48.30%000
|-
| Large Business GDP4-Sep| 3,506224,662| 49.50%| 3757240| 49.50%000| 4,016196,765000| 49.70%-| 4,143,305-Dec| 49.70%| 4226,439,604| 51.70%| 4,646,881| 51.90%000| 4191,998,306| 52.50%000
|-
| Compensation5-Mar| 2227,089,914000| 51.70%196,000| 2276711-| 52.30%5-Jun| 2,498232,680| 52.80%000| 2,586192,543| 53.10%000| 2,599,265-| 52.70%5-Sep| 2,719236,761| 53.00%000| 2,852195,510| 53.10%000
|-
| Nonlabor Components5-Dec| 1236,416,748000| 46.60%200,000| 1480529-| 45.70%6-Mar| 1,518236,085| 45.20%000| 1,556195,762| 45.00%000| 1,840,339-| 50.50%6-Jun| 1,927233,120| 50.50%000| 2,145206,796| 51.70%000
|-
| 6-Sep! 2005| 224,000| 210,000! 2006|-| ! 20076-Dec| ! 2008236,000| ! 2009207,000| ! 2010-| 7-Mar| 232,000| 205,000
|-
| Private NonFarm GDP7-Jun| Dollars225,000| Percent215,000| Dollars-| Percent7-Sep| Dollars233,000| Percent216,000| Dollars-| Percent| Dollars| Percent| Dollars| Percent7-Dec| 228,000| 218,000
|-
| Small Business GDP8-Mar| 4226,698,197000| 46.30%224,000| 4,948,040-| 46.10%8-Jun| 5221,182,230000| 46.20%238,000| 5,217,082-| 45.80%8-Sep| 5,080216,329| 46.00%000| 5233,210,469| 44.60%| | 000
|-
| Compensation8-Dec| 2211,650,841000| 46.70%253,000| 2,788,759-| 46.30%9-Mar| 2,902197,857000| 45.90%247,000| 2,951,310-| 45.70%9-Jun| 2,772201,211000| 45.20%| 2238,809,979| 44.80%| | 000
|-
| Nonlabor Components9-Sep| 2192,047,356000| 45.90%227,000| 2159281-| 45.90%9-Dec| 2,279202,373000| 46.60%218,000| 2,265,772-| 46.00%10-Mar| 2,308193,118| 47.00%000| 2,400211,490| 44.40%| | 000
|-
| Large Business GDP10-Jun| 5193,443,589000| 53.70%202,000| 5,781,123-| 53.90%10-Sep| 6,025207,888000| 53.80%204,000| 6,165,202-| 54.20%10-Dec| 5,971216,081000| 54.00%| 6201,465,158| 55.40%| | 000
|-
| Compensation11-Mar| 3204,029,170000| 53.30%200,000| 3,234,894-| 53.70%11-Jun| 3210,418,722000| 54.10%206,000| 3,505,231-| 54.30%11-Sep| 3,365205,906| 54.80%000| 3196,455,528| 55.20%| | 000
|-
| Nonlabor Components11-Dec| 2214,414000| 198,419000|-| 54.10%12-Mar| 2237,546000| 187,229000| 54.10%-| 2,607,16612-Jun| 53.40%216,000| 2,659195,971000| 54.00%-| 2,605,17512-Sep| 53.00%211,000| 3,009196,630000| 55.60%-| 12-Dec| 218,000|}183,000|-Source:https://www.sba.gov/sites/default/files/rs390tot_1.pdf| 13-Mar| 204,000=='''Big Data for Small Business'''==| 192,000|-"PROGRAM CHANGE:| 13-JunBIG DATA FOR SMALL BUSINESS ($1.9M / 9 FTE)Small businesses are a critical element of the overall economy and are often at the leading edge ofrisk-taking, entrepreneurship, and economic growth. Yet| 222, unlike large corporations who have staffs of000economists, advisors| 215, and consultants to assist in interpreting and understanding the economy and000guiding investments, small businesses largely depend on limited publicly|-available data.Recognizing this, and the Department’s role in supporting small business growth and decision| 13-makingSep| 219,000as well as the need for more insight into the health of the small business sector| 195, BEA proposes a new000suite of small business data products. To inform policy, as well as Main Street decision|-making, BEAproposes to expand data on small business by developing a Small Business Satellite Account including| 13-Deca new Small Business GDP to track the overall growth and health of America’s small business sector.This will be a key new measure, offering insight into the leading edge of the economy| 215, as small000businesses are often the first to react to growth or contraction in their sectors or regions| 186, often reacting000to changes in policy before larger corporations. Gaining such insight will also fulfill a key lesson learned|-from the 2008 financial crisis in terms of expanding the granularity of data on business activity.| 14-MarIn addition to the new Small Business GDP measure| 220, the small business satellite account will present000new data on the distribution of small businesses by size of employment and sales; legal form of| 189,000business, 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| 14-Juncomposition| 220, industry, and geography of the small business sector. In addition to supporting good000public policy at the national level, these data will also be of substantial value to state and local| -government as well as business development officials in understanding their regional economic|-dynamics.| 14-SepCoupled with BEA’s other products, such as GDP by State and Real State Personal Income| 225, these000new statistics will represent a wealth of new information to guide small business growth and policy.| -Beyond the public policy arena, expanding the Department’s data offerings to this essential|-constituency will only further enhance the ability of America’s entrepreneurs to innovate, grow, and lead| 14-Decsuccessful businesses.There are no risks to the development and production of new data| 223, and particularly not as it relates to a000new satellite account focusing on small businesses. In this case, particularly given that no new data| -ESA |- 26EXHIBIT 12 – | 15-Marcollection is proposed (the new account will be built from existing| 233, primarily administrative, data), and000thus no additional burden will be placed on businesses to develop the necessary data.| -The opportunities presented by this proposal are considerable given the well|-defined record ofaccomplishment of accurate, reliable, official statistical data providing the knowledge basis foreconomic growth as well as smart decisions in the public policy sector| colspan="3" | Note: Dashes indicate not applicable.Further, the benefit of this initiative to the Department goes to the heart of the Department’s role in|}economic policy – the Department is the primary source of actionable statistics on the state of theeconomy. Along with the daily provision of weather information, the weekly issuance of economicindicators is one of the Department’s most important [[File:Establishment Births and visible functionsDeaths. Expanding the Department’sdata offerings to such an important constituency is a highly valuable proposition for both theDepartment as well as policy and business sectorspng|thumb|center|upright=2.0]]The risk of not pursuing this proposal is perpetuating the continued lack of direct knowledge of theeconomic health of the small business sector and what that sector can tell us about the health of theoverall economySource: http://www. 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 setsbls. BEA isuniquely suited to develop this data set given its role as the custodian of the nation’s economicaccountsgov/bdm/entrepreneurship/bdm_chart5. Further, data on small businesses published by BEA will have the official imprimatur of BEAhtmas well as the full, symmetric, and 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 Satellite Account will provide data inPortion of GDP'''==a consistent times series, as well as in a format and methodology consistent with all of BEA’s accounts{| class="wikitable"thus allowing expanded analysis in full context.! Given the role and importance of small businesses in economic growth and recovery, the addition of! 1998new and better information to assist small business decision-making and investment will only serve to! support small business success. This is an outstanding opportunity for the Department to expand its! 1999service offering to this critical constituency.! Costs are largely personnel in nature, with a $500k expected expenditure on data purchase.! 2000ESA - 27! EXHIBIT 12 – 15! 2001Targets without increase! FY! 20022016! FY! 20032017! FY! 20042018! FY|-2019| Private NonFarm GDPFY| Dollars2020| PercentScore on Customer Satisfaction| DollarsSurvey| PercentGreater| Dollarsthan 4.0| PercentGreater| Dollarsthan 4.0| PercentGreater| Dollarsthan 4.0| PercentGreater| Dollarsthan 4.0| PercentGreater| Dollarsthan 4.0| PercentComplete all Major Strategic|-Plan milestones related to| Small Business GDPimproving the economic| 3,578,026accounts| 50.50%Successfully complete related milestones| 3836070Targets with increase| 50.50%FY| 4,068,8792016| 50.30%FY| 4,190,2642017| 50.30%FY| 4,139,7712018| 48.30%FY| 4,299,9412019| 48.10%FY| 4,522,1392020| 47.50%Score on Customer Satisfaction|-Survey| CompensationGreater| 1,951,708than 4| 48.030%Greater| 2076019than 4| 47.170%Greater| 2,231,086than 4| 47.120%Greater| 2,287,128than 4| 46.190%Greater| 2,334,808than 4| 47.130%Complete all Major Strategic| 2,410,676Plan milestones related to| 47.00%improving the economic| 2,520,466accounts| 46.90%Successfully complete additional milestones|-specifically tied to initiative goals| Nonlabor ComponentsStatement of Need and Economic BenefitsThe additional economic statistics resulting from the implementation of this proposal will provide policymakers| 1, the Administration626, and the Department of Commerce with key information to assess the318economic health and capacity of the small business sector to engage in economic activity| 53. Small40%| 1760051businesses comprise a large portion of the business sector in the U| 54.S. and are often the leading edge30%of economic growth and contraction; yet no current Federal statistical programs exist to provide a| 1,837,793complete picture of the small business sector| 54. While some features of the sector are measured in80%varying ways| 1, this proposal will pull them together into a concise picture903, allowing policy makers and136business leaders to assess and anticipate small business economic capacity and respond accordingly| 55.00%Specific economic benefits of this investment:• As has been demonstrated repeatedly since the introduction of regular| 1, consistent804, publicsector963| 49.50%economic data in the 1930s| 1,889, detailed and quality economic statistics contribute265significantly to the overall stability of the economy, which itself contributes to economic growth| 49.50%Specific cost savings:• While this proposal will not result in cost savings to BEA| 2,001, it will result in significantly improved673economic statistics| 48. These improved and expanded statistics will provide the right information30%to develop policies and affect business investments that will improve U.S. competitiveness and|-create new jobs.| Large Business GDP| 3,506,662ESA - 28| 49.50%EXHIBIT 12 – 15| 3757240Possible return on investment:| 49.50%• The return on investment to the Bureau, and the nation| 4, is significant016, as this initiative will serve765to fill notable existing gaps in official government statistics and will provide highly valuable new| 49.70%detail on the small business sector, its composition| 4, employment143, and growth by region and305industry| 49. Of great value to economic policy makers70%| 4, this new data will also be of high value to439,604the business community, in particular small businesses| 51. Major corporations have staffs of70%economists| 4, advisors646, and consultants assisting in interpreting and understanding the economy881and guiding investments – small businesses do not| 51.90%• Better statistics allow policies to be more accurately calibrated and optimized by permitting a| 4,998,306more accurate assessment of their costs and benefits| 52. The potential gains from this initiative50%will certainly far exceed the relatively small cost.|-Schedule and Milestones:| CompensationFY16: Research and develop methodology; conduct outreach to stakeholders to gain additional| 2,089,914information; and expand collaboration with other Federal agency stakeholders| 51.70%| 2276711FY17: Publish methodology papers and develop initial estimates; present and secure endorsement of| 52.30%methodology and initial estimates from BEA Advisory Committee| 2,498,680FY18: Publish prototype satellite account| 52.80%FY19: Publish official data series| 2,586,543Deliverables:| 53.10%Papers| 2,599, prototype data series and final official data series published on an annual basis265| 52.70%ESA - 29| 2,719,761EXHIBIT 12 – 15| 53.00%PROGRAM CHANGE PERSONNEL DETAIL| 2,852,510(Actual Dollars)| 53.10%Budget Program: Bureau of Economic Analysis|-Sub-program: National Economic Accounts| Nonlabor ComponentsProgram Change: Big Data for Small Business| 1,416,748Title Band Interval Number| 46.60%Annual| 1480529Salary Total Salary| 45.70%Senior Economist V 1 | 1 152,087 152518,087085Senior Economist IV | 45.20%| 1 2 128,575 257556,150762Economist III 1 3 87,411 262,233| 45.00%Economist II | 1 4 64,633 258840,532339IT Specialist III 1 2 92,802 185,604| 50.50%Total 12 | 1,115927,606120Less Lapse (3) (278,902)| 50.50%Total Full-time permanent (FTE) 9 836| 2,7042015 Pay Adjustment (1.0%) 8145,3677962016 Pay Adjustment (1| 51.370%) 10,986Total 856,057Personnel DataFull|-time Equivalent Employment:Full-time permanent 9| Other than full-time permanent 0! 2005Total 9| Authorized Positions:! 2006Full-time permanent 12| Other than full-time permanent 0! 2007ESA - 30| EXHIBIT 12 – 15! 2008PROGRAM CHANGE DETAIL BY OBJECT CLASS| (Dollars in Thousands)! 2009Budget Program: Bureau of Economic Analysis| Sub-program: National Economic Accounts! 2010Program Change: Big Data for Small Business| FY 2016 FY 2016| Object Class Increase Total Program| 11.0 Personnel compensation11.1 Full|-time permanent 856 85611.3 Other than full-time permanent 0 0| Private NonFarm GDP11.5 Other personnel compensation 0 0| Dollars11.8 Special personnel services payments 0 0| Percent11.9 Total personnel compensation 856 856| Dollars12.0 Civilian personnel benefits 242 242| Percent13.0 Benefits for former personnel 0 0| Dollars21.0 Travel and transportation of persons 9 9| Percent22.0 Transportation of things 0 0| Dollars23.1 Rental payments to GSA 0 0| Percent23.2 Rental Payments to others 0 0| Dollars23.3 Communications, utilities and miscellaneous charges 7 7| Percent24.0 Printing and reproduction 0 0| Dollars25.1 Advisory and assistance services 0 0| Percent25.2 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 0| 25.8 Subsistence and support of persons 0 026.0 Supplies and materials 39 3931.0 Equipment 125 12599.0 Total obligations 1,918 1,918" Taken from pages 26-31 of [https://www.bea.gov/about/pdf/ESA_FY_2016_CJ_Final.pdf this] report. =='''Survey Respondents on Small Business Issues'''=={| class="wikitable sortable" style="width: 100%;"
|-
! style="width: 5| Small Business GDP| 4,698,197| 46.30%;" | Survey4,948,040! style="width: 1| 46.10%;" | Date5,182,230! style="width: | 46.20%;"| Labor Markets5,217,082! style="width: 20| 45.80%;"| Capital 5,080,329! style="width: 20| 46.00%;"| Sales 5,210,469! style="width: 25| 44.60%;"| General Outlook! style="width: 9%;" | Data
|-
| [http://wwwCompensation| 2,650,841| 46.nfib70%| 2,788,759| 46.com/assets/SBET-February-2016.pdf SBET February 2016] 30%| February 20162,902,857| *4245.90% of businesses in the survey report few or no qualified applicants for a position that they were trying to fill|2,951,310*4| 45.70% of small business owners surveyed reported that company borrowing needs were not met |2,772,211*11| 45.20% cite weak sales as their principal business problem|2,809,979*Spending and hiring plans fell as expectations for growth in real sales volumes declined| 44.80%|('''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]Nonlabor Components| 2,047,356Fall 2015| 45.90%|2159281*67| 45.90% planned to hire 12+ employees within 2015|2,279,373*| 46.60% of small businesses surveyed cite credit availability as their primary concern |2,265,772*28| 46.00% of businesses say they will use recently acquired funding to develop a new product or service within the next year|2,308,118*56| 47.00% say they expect the US economy to improve within the next 12 months*72| 2,400,490| 44.40% of small businesses expect their revenue to increase for the year|('''N=1,001''' small business owners inthe US with annual revenue $100,000<x<$4,999,999 and employingbetween 2<x<99 employees)|
|-
| [https://wellsfargoworksLarge Business GDP| 5,443,589| 53.com/File/Index/J6WCK2WHn0yd-wrTX8btvA WellsFargo survey]70%|5,781,123January 2016| 53.90%|6,025,888*26| 53.80% of small businesses expect to hire in Q1 2016*66| 6,165,202| 54.20% of businesses expect the number of jobs to stay the same*11| 5,971,081| 54.00% of businesses say that hiring and retaining qualified staff is their most pressing problem|6,465,158*19| 55.40% of businesses responded that obtaining credit was difficult*5| | |-| Compensation| 3,029,170| 53.30% of say cash flow and financial stability as the company's biggest problem*4| 3,234,894| 53.70% of businesses surveyed speculate credit availability may be prohibiting company growth|3,418,722*14| 54.10% experienced difficulty attracting customers in Q1 2016*38| 3,505,231| 54.30% of businesses surveyed stated a positive revenue increase in Q1 2016|3,365,906*67| 54.80% of small businesses regard their financial situation as good or very good in Q1 2016*71| 3,455,528| 55.20% 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]Nonlabor Components|2,414,419January 2016| 54.10%|2,546,229*| 54.10% of businesses surveyed said they expect firm size to increase|2,607,166*| 53.40% of businesses reported that they expect their firm's fixed investment expenditures to increase during the next 12 mo.|2,659,971*73| 54.00% report an expected sales increase within the year *54| 2,605,175| 53.00% of firms expect their profitability to improve|3,009,630*Investments in new plant and equipment have fallen to their lowest level in more than two years*20| 55.60% of firms expect the economy to worsen in the year ahead—the highest level in more than two years.||-|[} Source:https://www.newyorkfedsba.orggov/medialibrarysites/mediadefault/smallbusinessfiles/SBCS-2014-Reportrs390tot_1.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.||}
=='''Big Data for Small Business Data Sets'''=={| class="wikitable sortable" style="widthPROGRAM CHANGE: 100%;"|-BIG DATA FOR SMALL BUSINESS ($1.9M / 9 FTE)! style="width: 10%;" | Name! style="width: 10%;" | LinkSmall businesses are a critical element of the overall economy and are often at the leading edge of! style="width: 45%;" | Descriptionrisk-taking, entrepreneurship, and economic growth. Yet, unlike large corporations who have staffs of! style="width: 35%;" | Data Summaryeconomists, advisors, and consultants to assist in interpreting and understanding the economy and|guiding investments, small businesses largely depend on limited publicly-|Dynamic Small Business Search|http://dsbs.sba.gov/dsbs/search/dsp_dsbsavailable data.cfm|The Small Business Administration maintains Recognizing this, and the Dynamic Small Business Search (DSBS) database. As a small Department’s role in supporting small business registers in growth and decision-making,as well as the System need for Award Management, there is an opportunity to fill out more insight into the health of the small business profile. The information provided populates DSBSsector, BEA proposes a newsuite of small business data products. DSBS is another tool contracting officers use To inform policy, as well as Main Street decision-making, BEAproposes to identify potential expand data on small business contractors for upcoming contracting opportunities. by developing a Small businesses can also use DSBS Business Satellite Account includinga new Small Business GDP to identify other track the overall growth and health of America’s small businesses for teaming and joint venturingbusiness sector.||-|Office This will be a key new measure, offering insight into the leading edge 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 alertseconomy, Advocacy as small business statistics reportsbusinesses are often the first to react to growth or contraction in their sectors or regions, Advocacy small business research reports, and Advocacy regulatory comment lettersoften reactingto changes in policy before larger corporations.Gaining such insight will also fulfill a key lesson learned|-|State Licenses & Permits| |Identifies from the specific licenses or permits a business may need depending on 2008 financial crisis in terms of expanding the type granularity of data on business, its location, and applicable government rulesactivity.|-|FDIC|https://www5.fdic.gov/qbp/index.aspIn addition to the new Small Business GDP measure, the small business satellite account will present|Private sector loans to new data on the distribution of small businessesby size of employment and sales; legal form of|-|World Bank |http://www.doingbusiness.org|The World Bank’s Doing Business seriesbusiness, dating to 2001taxes, is an annual compendium and international ranking of regulatory measures impacting small business, such as net income; by industry; and by region of the number of days it takes to legally register a business. Different aspects appear each yearcountry.This data will provide|Doing Business offers economic data from 2003 to meaningful descriptions and the present. The data is presented ability to understand trends over time regarding the changes in a variety of ways useful to researcherscomposition, policy makersindustry, journalists and othersgeography of the small business sector. In addition to supporting good|public policy at the national level, these data will also be of substantial value to state and local|-government as well as business development officials in understanding their regional economic|Kauffman Foundationdynamics.|http://www.kauffman.org/section.aspx?id=research_and_policy Coupled with BEA’s other products, such as GDP by State and Real State Personal Income, these|Studies and data on new statistics will represent a wealth of new information to guide small business growth and entrepreneurshippolicy.|-Beyond the public policy arena, expanding the Department’s data offerings to this essential|Warrington College constituency will only further enhance the ability of BusinessAmerica’s entrepreneurs to innovate, grow, and lead|https://sitesuccessful businesses.warrington.ufl.edu/ritter/ipo-There are no risks to the development and production of new data/, and particularly not as it relates to a|IPO new satellite account focusing on small businesses. In this case, particularly given that no new data|Up to date information on IPO's including: UnderpricingESA - 26EXHIBIT 12 – 15collection is proposed (the new account will be built from existing, tech stocksprimarily administrative, agedata), price revisions, sales, underwriting, foreign, long run returns, VC-backed IPOs from late 1900s - 2015and|-thus no additional burden will be placed on businesses to develop the necessary data.|Bureau The opportunities presented by this proposal are considerable given the well-defined record of Labor Statistics|http://www.bls.gov/bdm/accomplishment of accurate, reliable, official statistical data providing the knowledge basis foreconomic growth as well as smart decisions in the public policy sector.|Highlights from data series produced by BLS Business Employment Dynamics (BED) program provide some insights on Further, the contribution benefit of new and small businesses this initiative to the Department goes to the number heart of businesses and jobs the Department’s role in economic policy – the economy.|Set Department is the primary source of actionable statistics generated from on the Quarterly Census state of Employment and Wages programtheeconomy. These quarterly data series consist Along with the daily provision of weather information, the weekly issuance of economicindicators is one of gross job gains the Department’s most important and gross job losses statistics from 1992 forwardvisible functions.Expanding the Department’s|-data offerings to such an important constituency is a highly valuable proposition for both the|Federal Procurement Data SystemDepartment as well as policy and business sectors.|https://www.fpds.gov/fpdsng_cms/index.php/en/reportsThe risk of not pursuing this proposal is perpetuating the continued lack of direct knowledge of the|A Department level report economic health of the small business sector and what that displays Small Business data sector can tell us about the health of theoverall economy. There is a clear need and desire for a specified date range this information, as demonstrated by Funding/Contracting Agency.multiple|This report displays efforts over the dollars, actions, years by SBA and percentages for small business contracts in FY 2016 and goes back all the way various trade associations to FY 1981develop similar data sets. BEA is|-|PayNet small Business Lending Indexuniquely suited to develop this data set given its role as the custodian of the nation’s economic|http://wwwaccounts.paynetonline.com/issues-Further, data on small businesses published by BEA will have the official imprimatur of BEAas well as the full, symmetric, and-solutions/broad access to the data that is true for all-paynet-BEA data products/small-business-lending-index-sbli/|PayNet specializes in loan .Also of importance is that, as a BEA data and has a database which includes information on more than 20 million loans and leases. For these indexesset, PayNet uses the Small Business Satellite Account will provide data from US companies which have less than $1 million in total outstanding loansa consistent times series, as well as in a format and methodology consistent with all of BEA’s accountsthus allowing expanded analysis in full context.|The Small Business Lending Index (SBLI) measure Given the role and importance of small businesses in economic growth and recovery, the volume addition of new and better information to assist small business loans issued over the past 30 days decision-making and are based on investment will only serve tosupport small business success. This is an outstanding opportunity for the most recent data from the largest commercial and industrial lenders Department to expand itsservice offering to this critical constituency.Costs are largely personnel in PayNet's U.S. database, including both loans and leasesnature, with a $500k expected expenditure on data purchase. |ESA -27|PaychexEXHIBIT 12 – 15|http://www.paychex.com/jobs-index/index.aspxTargets without increaseFY|Paychex tracks changes in the employment levels of 350K small businesses with <50 employees 2016FY2017FY2018FY2019FY2020Score on Customer SatisfactionSurveyGreater|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 U4.S 0Greater|-than 4.0|ADP small business reportGreater|http://wwwthan 4.0Greaterthan 4.adpemploymentreport0Greaterthan 4.com/2015/March/SBS/SBS-NER-March-2015.aspx0Complete all Major StrategicPlan milestones related to|The ADP Small Business Report provides improving 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.economicaccounts|The ADP National Employment Report® is published monthly by the ADP Research Institute® in close collaboration Successfully complete related milestonesTargets 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 increaseFY2016FY2017FY2018FY2019FY2020Score on actual transactional payroll dataCustomer SatisfactionSurveyGreaterthan 4.0|-Greater|Intuit Small Business Index|http://wwwthan 4.1Greaterthan 4.intuit1Greaterthan 4.com/company/press-room/press-releases/2015/Small-Business-Employment-Remained-Stagnant-in-October1/1Greaterthan 4.1Complete all Major Strategic|The index measures compensation, hours worked, and revenue for companies with <20 employeesPlan milestones related to|The Employment Index is based on anonymized, non-identifiable aggregated data from 271,750 small business employers, a subset improving the economicaccountsSuccessfully complete additional milestonesspecifically tied to initiative goalsStatement of users of Intuit Online Payroll Need and QuickBooks Online. Economic BenefitsThe Revenue Index is based on anonymizedadditional economic statistics resulting from the implementation of this proposal will provide policymakers, non-identifiable aggregated data from 240the Administration,000 small businesses, a subset and the Department of users of Intuit’s QuickBooks Online Commerce with industry identification from Dun & Bradstreet.key information to assess the|-|Statistic Brain|http://wwweconomic health and capacity of the small business sector to engage in economic activity.statisticbrain.com/startup-failure-by-industry/Small|Startup Business Failure rates by industrybusinesses comprise a large portion of the business sector in the U.S. and are often the leading edge|of economic growth and contraction; yet no current Federal statistical programs exist to provide a|-|The National Venture Capital Association Yearbook|http://nvcacomplete picture of the small business sector.org/research/stats-studies/|Details the state While some features of the venture capital market sector are measured in a given year|Primary data sources included:SEC filings that are regularly monitored by Thomson Reuters’ research staffvarying ways, Surveys of the industry routinely conducted by Thomson Reutersthis proposal will pull them together into a concise picture, allowing policy makers and Verified industry press business leaders to assess and anticipate small business economic capacity and press releases from venture firmsrespond accordingly. |-|NFIB Small Business Report|httpSpecific economic benefits of this investment://www.nfib.com/surveys/small-business-economic-trends/|Measures economic trends in small businesses• As has been demonstrated repeatedly since the introduction of regular, consistent, publicsector|The NFIB Research Foundation has collected Small Business Economic Trends economic data with quarterly surveys since in the 4th quarter of 1973 1930s, detailed and monthly surveys since 1986. Survey respondents are drawn from NFIB’s membership. The report is released on quality economic statistics contributesignificantly to the second Tuesday overall stability of each month. This survey was conducted in March 2016the economy, which itself contributes to economic growth. |-Specific cost savings:|Medical Expenditure Panel Survey|http://meps• While this proposal will not result in cost savings to BEA, it will result in significantly improvedeconomic statistics.ahrq.gov/mepsweb/These improved and expanded statistics will provide the right information|A set of large-scale surveys of families to develop policies and individuals, their medical providers, affect business investments that will improve U.S. competitiveness and employers across the United Statescreate new jobs. MEPS is the most complete source of data  ESA - 28EXHIBIT 12 – 15Possible return on investment:• The return on investment to the cost Bureau, and use of health care and health insurance coveragethe nation, is significant, as this initiative will serve|The Household Component data are based on questionnaires fielded to individual household members fill notable existing gaps in official government statistics and their medical providerswill provide highly valuable newdetail on the small business sector, its composition, employment, and growth by region andindustry. The Insurance Component estimates come from a survey of employers conducted Of great value to collect health insurance plan information|-|SBA Lenders|https://www.sba.gov/lenders-top-100|SBA lending economic policy makers, this new datawill also be of high value to|Table displaying the 100 most active SBA 7a lenders business community, in particular small businesses. Major corporations have staffs ofeconomists, advisors, and consultants assisting in interpreting and understanding the US by lending volume in FY 2016 through Q2economy|-and guiding investments – small businesses do not.|Kaiser Family Foundation|http://kff.org/health-• Better statistics allow policies to be more accurately calibrated and optimized by permitting amore accurate assessment of their costs/report/2015-employer-health-and benefits-survey/. The potential gains from this initiativewill certainly far exceed the relatively small cost.|Annual Survey of employers providing a detailed look at trends in employer-sponsored health coverage Schedule and Milestones:|The 2015 survey included almost 2,000 interviews with non-federal public FY16: Research and private firms.develop methodology; conduct outreach to stakeholders to gain additional|-|information; and expand collaboration with other Federal Reserveagency stakeholders.|httpFY17://www.federalreserve.gov/communitydev/small-businesses-data-analysis.htmPublish methodology papers and develop initial estimates; present and secure endorsement of|Many Reserve Banks monitor trends methodology and credit market conditions for small and new businesses. The polling efforts of the Federal Reserve Banks of New York initial estimates from BEA Advisory CommitteeFY18: Publish prototype satellite accountFY19: Publish official data seriesDeliverables:Papers, prototype data series and Atlanta are two examples of System work to better understand small business trendsfinal official data series published on an annual basis.ESA - 29EXHIBIT 12 – 15PROGRAM CHANGE PERSONNEL DETAIL(Actual Dollars)| The SBCS captures the perspectives Budget Program: Bureau of businesses with fewer than 500 employees in New York, New JerseyEconomic AnalysisSub-program: National Economic AccountsProgram Change: Big Data for Small BusinessTitle Band Interval NumberAnnualSalary Total SalarySenior Economist V 1 1 152, Connecticut087 152, and Pennsylvania. There were 835 responses to the survey fielded from April 3087Senior Economist IV 1 2 128, 2014 to June 20575 257, 2014. The Atlanta Fed conducted the first-quarter 2014 survey during the first four weeks of April. The survey was completed by 562 respondents150Economist III 1 3 87,411 262,233|-Economist II 1 4 64,633 258,532|Entrepeneur.com reportIT Specialist III 1 2 92,802 185,604|https://www.entrepreneur.com/page/216022Total 12 1,115,606|Comprehensive statistics on small business trends in the United States for various yearsLess Lapse (3) (278,902)|Total Full-time permanent (FTE) 9 836,704|United States Census Bureau2015 Pay Adjustment (1.0%) 8,367|https://www2016 Pay Adjustment (1.census.gov/econ/sbo/getdata.html3%) 10,986Total 856,057Personnel DataFull-time Equivalent Employment:|Statistics for Owner's of Small businesses in 2012Full-time permanent 9|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.|Other than full-time permanent 0|Small Business DashboardTotal 9|httpAuthorized Positions://smallbusiness.data.gov/|Information on small business contracting activitiesFull-time permanent 12|ncludes procurement contract transactions reported directly through the contract writing systems of approximately 65 U.S. Government, Executive Branch, departments, bureaus, agencies, and commissionsOther than full-time permanent 0Data spans contract transactions from FY 2000 onwardsESA - 30SmallBusinessDashboard.gov is updated with FPDS-NG data on a daily basisEXHIBIT 12 – 15PROGRAM CHANGE DETAIL BY OBJECT CLASS(Dollars in Thousands)Budget Program: Bureau of Economic Analysis|Sub-program: National Economic Accounts|411 Program Change: Big Data for Small Business Facts|http://wwwFY 2016 FY 2016Object Class Increase Total Program11.411sbfacts0 Personnel compensation11.com/1 Full-time permanent 856 856|Sortable database of over 60 separate small business surveys11.3 Other than full-time permanent 0 0|411SmallBusinessFacts11.com is a searchable data base 5 Other personnel compensation 0 011.8 Special personnel services payments 0 011.9 Total personnel compensation 856 85612.0 Civilian personnel benefits 242 24213.0 Benefits for former personnel 0 021.0 Travel and transportation of persons 9 922.0 Transportation of approximately things 0 023.1 Rental payments to GSA 0 023.2,000 facts about American small businesses Rental Payments to others 0 023.3 Communications, utilities and miscellaneous charges 7 724.0 Printing and their owners (or managers) produced by the NFIB Research Foundationreproduction 0 025. The Foundation developed this information from telephone surveys of small employers – those employing from one person in addition to the owner(s) to 2501 Advisory and assistance services 0 025. Data collection began in 2001 and continues through the present2 Other services 58 5825. 3 Purchases of goods & services from Gov't accounts 582 582|-|Survey 25.4 Operation and maintenance of Minority Owned Businessesfacilities 0 0|http://www25.mbda5 Research and development contracts 0 025.gov/sites/default/files/2012SBO_MBEFactSheet0202166 Medical care 0 025.pdf7 Operation and maintenance of equipment 0 0|Data set attempting to give a comprehensive outlook to the state 25.8 Subsistence and support of minority business enterprises in the USpersons 0 0|Minority owned business fact sheet created in January 201626.0 Supplies and materials 39 39|-31.0 Equipment 125 125|NASE99.0 Total obligations 1,918 1,918"|http:Taken from pages 26-31 of [https://www.nasebea.orggov/about/pdf/ESA_FY_2016_CJ_Final.pdf this] report.|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==U.S.innovation data (Small Business Focused)== |Presents statistics and facts Example SBA Advocacy Report on self employed members of the US economy from the 1990's to the late 2000sSmall Business Invention|-|Federal Reserve board|https*https://www.federalreservesba.gov/pubssites/ossdefault/oss3files/nssbftocrs411tot.htmpdf |Federal reserve board survey of small business financesUS R&D Funding data|Balance sheets of the firm are some examples of the types *https://www.aaas.org/page/historical-trends-federal-rd WIPO List of information collectedInnovation Databases*http://www.wipo. 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 SSBFsint/econ_stat/en/economics/research/|-|SBIR data*https://www.sbir.gov/awards/annual-reports|}[[Category: Internal]]Federal funding for R&D[[Internal Classification*https: Legacy| ]]//www.nsf.gov/statistics/srvyfedfunds/#tabs-2 Data check: U.S. government share of basic research funding falls below 50%*http://www.sciencemag.org/news/2017/03/data-check-us-government-share-basic-research-funding-falls-below-50 OECD R&D spending data by country*https://data.oecd.org/rd/gross-domestic-spending-on-r-d.htmand PISA*https://data.oecd.org/pisa/science-performance-pisa.htm BRDIS*https://www.nsf.gov/statistics/srvyindustry/about/brdis/*https://www.nsf.gov/statistics/infbrief/nsf11300/*https://www.nsf.gov/statistics/srvyindustry/about/brdis/panel.cfm Global Innovation Index 2017: Switzerland, Sweden, Netherlands, USA, 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 world*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-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 NBER Historical Cross-Country Technology Adoption (HCCTA) Dataset*http://www.nber.org/hccta/

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