New Report: Business: Small Business Growth: Searching for Stylized Facts

Small Business Growth: Searching for Stylized Facts
by Brian Headd and Bruce Kirchoff

The authors analyzed data from special tabulations of the U.S. Census Bureau’s Statistics of U.S. Businesses (SUSB) database. The SUSB data provided information on how firms started, grew, merged, declined, survived, and closed from 1992 to 2002. The authors found that growing firms are generally a constant share of the economy with a minor business cycle effect, firms with employment growth outnumber firms with employment decline, and fast growing firms in a given year tend to revert to the mean in later years.

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Source: Small Business Administration
(via Basefsky’s IWS Documented News Service)

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