Business
· Employer ID Numbers (EINs)
· US Small Business Administration
· Hobby
Business Rules
· U.S.
Chamber - SB Toolkit
· Business Plans Made Easy
Quarterly Indicators: The Economy And Small Business
Economic conditions for small business improved in the second quarter
of
2004 according to the recently released Quarterly Indicators: The Economy
And Small Business. The report, issued by the Office of Advocacy, shows
proprietors’ income increased at an annualized rate of 14.8 percent
and the
National Federation of Independent Business (NFIB) optimism index remained
in record high territory.
The report notes that interest rates remained low with the prime rate
at
4.0 percent while the rate for small business loans of less than $100,000
averaged 4.2 percent. Worker productivity remained strong with a 4.6
percent increase in nonfarm business output per hour. And, the 2.8 percent
increase in Gross Domestic Product (GDP) marked the eleventh consecutive
quarter of positive real output growth since the recession of 2001.
The report draws on a variety of data sources to describe the economic
conditions faced by small business, which account for a significant
portion
of the overall economy. It is the second release in a new quarterly
series
that is a single source for current data on small business.
A copy of this report is available at:
http://www.sba.gov/advo/stats/sbqei0402.pdf.
Should you have questions
pertaining to this report please feel free to contact our Chief economist
Dr. Chad Moutray at (202) 205-6533.
Preferred Vendor in the New
York Web Hosting Directory at Marketingtool.com.
United
States Small Business Administration
Small
Business Loan Requirements
URL.biz - Business Services
|
Business
