Small Business Statistics for Your State
SBA.gov is a tremendous resource for information and statistics. You can find a report for your home state here. Very helpful if you have a product/service targeting small businesses and you’re trying to identify market size.
The report highlights some really interesting statistics about the state of North Carolina:
- North Carolina had 173,409 small employers in 2006, representing 98.1% of the state’s employers and 48.6% of its private sector employment.
- The health care and social assistance industry was the state’s largest small business employer in 2006; manufacturing was the largest overall employer (Table 1).
- Small businesses created 54.8% of the state’s net new jobs from 2004 to 2005 (Table 2).
- North Carolina’s real gross state product increased by 2.2% in 2007. By comparison, growth in the Southeast region was 1.5% and the United States, 2.0%. (Source: U.S. Dept. of Commerce: Bureau of Economic Analysis)
