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The small business economy in the United States continues to be a powerful and resilient engine of growth, representing 99.9% of all U.S. businesses and employing approximately 45.9% of the private workforce.
In the most recent reporting year, small businesses created 2.6 million net new jobs, highlighting their critical role in driving employment and innovation.
With over 34.8 million small businesses nationwide, the sector remains a cornerstone of economic vitality, responding to challenges with determination and fueling progress through entrepreneurship and ingenuity.
The Small Business Administration (SBA) Office of Advocacy makes publicly available insightful small business economic data and statistics to highlight the economic contributions and importance of the small business economy to policymakers. Explore the list of primary economic datasets reflecting the impact of the small business economy in the U.S.
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