SBA Office of Advocacy

01/05/2022

2021 Small Business Profiles For Congressional Districts

The Office of Advocacy is pleased to continue its Small Business Profiles for the Congressional Districts series. The congressional district profiles are part of Advocacy’s state profile series, which provides user-friendly snapshots of national, state, and congressional district small business statistics.

Each profile shows the impact of small businesses in 436 congressional districts. Readers can find the congressional district’s total number of small employers and their industry breakout. Additionally, the profiles show the number of workers employed by small businesses and a map showing the share and distribution of self-employed workers across the district.

The profiles, based on data from the U.S. Census Bureau, cover the 436 congressional districts in the 50 states and District of Columbia. Advocacy uses the latest small business economic data available at the congressional district level from government sources. However, the data were collected before the COVID-19 pandemic. District lines are based on the 116th Congress.

View the 2021 Congressional District Profiles here:

The Office of Advocacy is pleased to continue its Small Business Profiles for the Congressional Districts series. The congressional district profiles are part of Advocacy’s state profile series, which provides user-friendly snapshots of national, sta

11/17/2021

Small Business Labor Safety (OSHA/MSHA) Roundtable – November 19, 2021

Join Advocacy for our next Small Business Labor Safety (OSHA/MSHA) Roundtable on Friday, November 19, 2021.

See details here:

Small Business Labor Safety (OSHA/MSHA) RoundtableFriday, November 19, 2021, 10:00 a.m. - 12:00 Noon (Eastern Time)Via Teams WebinarDear Small Business Representatives:We have scheduled the next Small Business Labor Safety (OSHA/MSHA) Roundtable for

11/15/2021

Small Business Natural Resources Roundtable- November 16, 2021

Reminder to join Advocacy's Small Business Natural Resources Roundtable tomorrow on November 16, 2021.

See more info on the roundtable and sign up here:

Office of AdvocacyNatural Resources RoundtableTuesday November 16, 2021 2-3 p.m. (ET)TO:                 Interested PersonsFROM:       

11/11/2021

Happy Veterans Day from the SBA Office of Advocacy! Thank you to all of the veterans!

11/09/2021

Small Business Economic Bulletin: November 2021

The Office of Advocacy’s bi-annual Economic Bulletin examines new data on how small businesses have recovered since the peak of the COVID-19 pandemic. Both self-employment and proprietor income have recovered since crashing in 2020. These indicators suggest that COVID-19 sparked the shortest recession in U.S. history. Importantly, banking and finance indicators were muted compared to the Great Recession.

See the November Economic Bulletin here:

The Office of Advocacy’s bi-annual Economic Bulletin examines new data on how small businesses have recovered since the peak of the COVID-19 pandemic. Both self-employment and proprietor income have recovered since crash

11/09/2021

Small Business Roundtable on Financial Issues – November 9, 2021

Don't miss the CFPB small business roundtable later today at 2:00pm.

See the details and sign up here:

Roundtable on CFPB's Proposed Rulemaking on Small Business Data CollectionThe SBA Office of Advocacy will host a Small Business Roundtable on November 9, 2021 from 2:00 p.m. until 3:00 p.m on the Bureau of Consumer Financial Protection’s proposed rul

11/04/2021

What’s New with Small Business 2021

Advocacy’s handy infographic, What’s New With Small Business, is a great source for several of the most commonly answered questions about small business.

Check it out here:

The Office of Advocacy’s handy infographic, What’s New With Small Business, is a great source for several of the most commonly answered questions about small business.  Infographic

11/03/2021

Frequently Asked Questions About Small Business, 2021

Advocacy’s most requested publication, Frequently Asked Questions About Small Business, gathers the most up-to-date statistics about American small businesses in one place. Updated annually, the FAQ is a convenient place to find facts about the total number of small businesses, their share of employment and net new jobs, and their overall contribution to the U.S. economy.

Check out the newest FAQ here:

Advocacy’s most popular publication, Frequently Asked Questions About Small Business, gathers the most up-to-date statistics about American small businesses in one place. Updated annually, the FAQ is a convenient place to find facts about the total n

09/22/2021

Archives

Happy American Business Women's Day!

Check out all of our research on women in business here: https://advocacy.sba.gov/tag/women-owned-business/

And our latest fact sheet on women in small business: https://advocacy.sba.gov/2021/08/03/facts-about-small-businesses-women-owned-businesses/

SBA's Office of Advocacy

09/07/2021

Small Business Facts: Equally Male/Female-Owned Employer Businesses

Equally-owned businesses, which are businesses half owned by men and half owned by women, totaled 860,754 employers in 2018. These businesses employed 7,970,121 workers, generated $1.3 trillion in annual sales receipt, and paid $280 billion in annual payroll. For more information on equally-owned businesses, read Advocacy’s latest fact sheet, “Small Business Facts: Equally Male/Female-Owned Employer Businesses.”

See it here: https://advocacy.sba.gov/2021/09/07/small-business-facts-equally-male-female-owned-employer-businesses/

Equally-owned businesses, which are businesses half owned by men and half owned by women, totaled 860,754 employers in 2018. These businesses employed 7,970,121 workers, generated $1.3 trillion in annual sales receipt, and paid $280 billion in annual

08/31/2021

2021 Small Business Profiles For The States, The District of Columbia, and The U.S.

Advocacy’s annual State Profiles provide a snapshot of each state’s small businesses. The profiles gather the latest federal economic data into state-by-state snapshots of small business health and economic activity.

The state profile series focuses on state small business dynamics and employment, and answers questions ranging from how many small businesses are in a given state to how many people small businesses employ.

View the 2021 state profiles here: https://advocacy.sba.gov/2021/08/30/2021-small-business-profiles-for-the-states-the-district-of-columbia-and-the-u-s/

Advocacy’s annual State Profiles provide a snapshot of each state’s small businesses. The profiles gather the latest federal economic data into state-by-state snapshots of small business health and economic activity.  This year’s profi

08/17/2021

Small Business Facts: The Importance of Business Ownership to Wealth

Business ownership is an important source of family wealth, representing 34% of non-financial assets. According to 2019 Federal Reserve data, the self-employed are wealthier than the non-self employed, and business equity as a share of assets differs for demographic groups. For more information, please read “Small Business Facts: The Importance of Business Ownership to Wealth.”

https://advocacy.sba.gov/2021/08/17/small-business-facts-the-importance-of-business-ownership-to-wealth/

#smallbusiness #smallbusinessfacts #businessownership

On average, the self-employed are wealthier than the non-self employed and are significantly wealthier than workers and retirees. According to 2019 data from the Federal Reserve, business ownership is an important source of family wealth, represent

08/05/2021

Small Business Facts – Supply Squeeze: Small Business Commodity Challenges

As the COVID-19 pandemic evolves, small businesses are struggling to obtain the goods they need to operate, impacting their recovery. 37.2% of small businesses reported having domestic supplier delays in the second week of June 2021 and increases in commodity costs are a growing concern. Going forward, small businesses and their advocates will need to carefully monitor changes in commodity prices. For more, read Advocacy’s latest fact sheet “Supply Squeeze: Small Business Commodity Challenges.”

https://advocacy.sba.gov/2021/08/05/small-business-facts-supply-squeeze-small-business-commodity-challenges/

As the COVID-19 pandemic evolves, small businesses are struggling to obtain the goods they need to operate, impacting their recovery. 37.2% of small businesses reported having domestic supplier delays in the second week of June 2021 and increases in

08/03/2021

Facts About Small Businesses: Women-Owned Businesses

There were roughly 12 million women-owned businesses in 2017, with $388.1 billion in payroll and 10.1 million employees. However, women remain underrepresented in small business ownership. For more information on women small business owners, read the new Advocacy fact sheet, “Small Business Facts: Women-Owned Employer Businesses.”

https://advocacy.sba.gov/2021/08/03/facts-about-small-businesses-women-owned-businesses/

There were roughly 12 million women-owned businesses in 2017, with $388.1 billion in payroll and 10.1 million employees. However, women remain underrepresented in small business ownership. For more information on women small business owners, read the

07/30/2021

New Funding Opportunity Available for Economic Research on Small Businesses

The Office of Advocacy is currently seeking research proposals on small business topics dealing with understanding important economic impacts of the pandemic.

Check out the request for research proposals at https://advocacy.sba.gov/2021/07/30/new-funding-opportunity-available-for-economic-research-on-small-businesses/ or https://sam.gov/opp/f531d5223efb49d598cf9897e997ce5d/view.

Proposal submissions are open until Thursday, August 19.

The Office of Advocacy periodically funds small business research from researchers through the federal contracting process to produce research reports on small business issues. For more information on Advocacy’s past research projects, visit https://advocacy.sba.gov/category/research/economic-reports/economic-studies/.

The Office of Advocacy is pleased to announce a new funding opportunity for economic research related to the economic impacts of the pandemic. The solicitation is available on SAM.gov here. Proposal submissions are open until Thursday, August 19.As a

07/21/2021

Report on the Regulatory Flexibility Act, FY 2020: Annual Report of the Chief Counsel for Advocacy on Implementation of the Regulatory Flexibility Act and Executive Order 13272

The Office of Advocacy’s efforts at monitoring federal agency compliance with the Regulatory Flexibility Act (RFA) resulted in changes to eight specific rules and $2.259 billion in quantifiable small business regulatory compliance cost savings.

Read Advocacy’s “Report on the Regulatory Flexibility Act, FY 2020,” for more information.

https://advocacy.sba.gov/2021/07/21/report-on-the-regulatory-flexibility-act-fy-2020-annual-report-of-the-chief-counsel-for-advocacy-on-implementation-of-the-regulatory-flexibility-act-and-executive-order-13272/

As the voice of small business in government, the Office of Advocacy is working to bring small businesses’ priorities into the regulatory process. Advocacy’s efforts at  ensuring federal agency compliance with the Regulatory Flexi

06/29/2021

While veterans have historically been more entrepreneurial than non-veterans, according to a new study, millennial veteran entrepreneurs are less likely to be entrepreneurs than millennial non-veterans. This study examines how the millennial veteran entrepreneurship differs from previous generations and their non-veteran peers in demographics and entrepreneur participation rates, finding that millennial veterans are more diverse, and a larger share of millennial veterans are women. The analysis suggests that policymakers need to tailor support for specific groups of millennial veterans, including women, minorities, and disabled veterans.

See the report here: https://advocacy.sba.gov/2021/06/29/millennial-veteran-entrepreneurship-research-on-the-next-generation-of-veteran-entrepreneurs/https://advocacy.sba.gov/2021/06/29/millennial-veteran-entrepreneurship-research-on-the-next-generation-of-veteran-entrepreneurs/

While veterans have historically been more entrepreneurial than non-veterans, according to a new study, millennial veteran entrepreneurs are less likely to be entrepreneurs than millennial non-veterans. This study examines how the millennial veteran entrepreneurship differs from previous generations and their non-veteran peers in demographics and entrepreneur participation rates, finding that millennial veterans are more diverse, and a larger share of millennial veterans are women. The analysis suggests that policymakers need to tailor support for specific groups of millennial veterans, including women, minorities, and disabled veterans.

See the report here: https://advocacy.sba.gov/2021/06/29/millennial-veteran-entrepreneurship-research-on-the-next-generation-of-veteran-entrepreneurs/https://advocacy.sba.gov/2021/06/29/millennial-veteran-entrepreneurship-research-on-the-next-generation-of-veteran-entrepreneurs/

05/18/2021

Spring Economic Bulletin

The Office of Advocacy’s bi-annual Economic Bulletin examines new data on how small businesses have fared during the COVID-19 pandemic. The pandemic caused an economic shock, which led to business closures and job losses. However, there are signs of recovery in proprietor income and job growth.

See it here: https://advocacy.sba.gov/2021/05/18/spring-economic-bulletin/

The Office of Advocacy’s bi-annual Economic Bulletin examines new data on how small businesses have fared during the COVID-19 pandemic. The pandemic caused an economic shock, which led to business closures and job losses. However, there are signs of

04/22/2021

Site Visit: Advocacy Visits Cold Climate Housing Research Center in Fairbanks, Alaska

Throwback to an Alaska site visit for Earth Day!

https://advocacy.sba.gov/2019/08/21/advocacy-visits-cold-climate-housing-research-center-in-fairbanks-alaska/

By Prianka Sharma, Assistant Chief Counsel Whilein Fairbanks, Alaska, Advocacy staff visited the Cold Climate Housing ResearchCenter. This nonprofit research and testing facility was founded in 2006 to findenergy efficient building technologies for p

03/30/2021

Timeline Photos

The #AmericanRescuePlan helps small businesses by increasing ⬆️ funding to pandemic relief programs like the #PaycheckProtection Program.

👉 Learn more and apply: https://www.sba.gov/relief

03/30/2021

Small Business Facts: Science/High-Tech Workers and Small Firms

Small businesses play a special role in innovation. In 2018, 37% of high-tech workers worked for small businesses. According to Census’ Innovation Measurement Initiative, the bulk of STEM-related researchers at universities go into the private sector, many for small businesses, after their research is completed. Read Small Business Facts: Science/High-Tech Workers and Small Firms to learn more.

See it here: https://advocacy.sba.gov/2021/03/30/small-business-facts-science-high-tech-workers-and-small-firms/

Small businesses play a special role in innovation. In 2018, 37% of high-tech workers worked for small businesses. According to the Census Bureau’s data series, Innovation Measurement Initiative, the bulk of STEM-related researchers working on funded

03/23/2021

Small Business Facts: Paths to Business Ownership

About two-thirds of business owners start their business from scratch, while less than a quarter purchased the business they own. The starting method for small businesses tends to be relatively stable over time but differs based on owner demographics. Read Small Business Facts: Paths to Business Ownership to learn more.

See it here: https://advocacy.sba.gov/2021/03/23/small-business-facts-paths-to-business-ownership/

About two-thirds of business owners start their business from scratch, while less than a quarter of owners purchased the business they own. The starting method for small businesses tends to be relatively stable over time but differs based on owner de