The Small Business Watchdog

As the voice of small business in government, Advocacy invites you to post your thoughts on this moderated blog, provided as a forum for the small business community.

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Entries Tagged as 'Research & Statistics'

Understanding the Small Business Presence in Patent-Intensive Industries

June 9th, 2015 · Comments Off

By Jonathan Porat, Regulatory Economist, Office of Advocacy

Learn More:
The Leahy-Smith America Invents Act: A Preliminary Examination of Its Impact on Small Business, was released by the Office of Advocacy on June 16, 2015. It can be found on Advocacy’s website here.
Congress has ramped up efforts to pass patent reform legislation after years of debate and [...]

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Tags: Research & Statistics

May 2015 Issue of The Small Business Advocate Newsletter Released

May 19th, 2015 · Comments Off

The Office of Advocacy has released the May 2015 issue of The Small Business Advocate. This edition features the Federal Aviation Administration’s (FAA) proposed rule governing small unmanned aircraft systems (small UAS), also known as small drones. Advocacy held a roundtable to gather small business input on the proposed rule and submitted a comment letter [...]

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Tags: Regulatory Policy · Research & Statistics

March-April 2015 Issue of The Small Business Advocate Newsletter Released

April 16th, 2015 · Comments Off

The Office of Advocacy has released the March-April 2015 issue of The Small Business Advocate. This edition highlights the release of Small Innovative Company Growth—Barriers, Best Practices and Big Ideas: Lessons from the 3D Printing Industry, an Advocacy report which identifies and offers solutions to the barriers hindering the growth and development of small innovative [...]

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Tags: Regulatory Policy · Research & Statistics

February 2015 Issue of The Small Business Advocate Newsletter Released

February 20th, 2015 · Comments Off

The Office of Advocacy has released the February 2015 issue of The Small Business Advocate newsletter. This edition features Advocacy’s newly released Small Business Profiles for the States and Territories, and includes the United States profile in full. In addition, the newsletter contains regulatory news and a summary of the Report on the Regulatory Flexibility [...]

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Tags: Regulatory Policy · Research & Statistics · State and Regional

Small Business Profiles Offer Valuable Insight into States’ Economies

February 2nd, 2015 · Comments Off

The Office of Advocacy released a new report, Small Business Profiles for the States and Territories, an annual snapshot of state-level small business activity which includes information on the number of firms, employment, demographics and other topics using the most recently available government data.
“The United States’ 28.4 million small businesses play a vital role in [...]

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Tags: Research & Statistics

Federal Agency Compliance with the Regulatory Flexibility Act Saved Small Businesses at Least $4.8 Billion in FY 2014

January 23rd, 2015 · Comments Off

The Office of Advocacy has released the Report on the Regulatory Flexibility Act FY 2014. The report is a requirement of the Regulatory Flexibility Act (RFA), which directs the Chief Counsel for Advocacy to monitor federal agency compliance with the RFA and report on it at least annually. This year’s report finds that the Office [...]

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Tags: Regulatory Policy · Research & Statistics

Office of Advocacy Releases the Annual Report of the Office of Economic Research, FY 2014

January 15th, 2015 · Comments Off

The Office of Advocacy has released the Annual Report of the Office of Economic Research, FY 2014. In fiscal year 2014, Advocacy produced 23 contract and internal research reports on a variety of topics including access to capital, employment, environment, minority-and women-owned businesses, procurement, retirement, taxation and veterans. This annual report provides details about and [...]

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Tags: Research & Statistics

November-December 2014 Issue of The Small Business Advocate Newsletter Released

December 18th, 2014 · Comments Off

The Office of Advocacy has released the November-December 2014 issue of The Small Business Advocate newsletter. This edition features a recent trip to the Denver Biz Tech Expo where Chief Counsel for Advocacy Winslow Sargeant was the keynote speaker. Also covered is Region III Advocate Ngozi Bell’s recent visit to West Virginia for the Women [...]

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Tags: Regulatory Policy · Research & Statistics · State and Regional

Small Business Lending Report Released

December 16th, 2014 · Comments Off

The Office of Advocacy released its annual report on small business lending.  Small Business Lending in the United States, 2013 describes trends in the small business lending market in general. It also provides data on more than 6,000 U.S. lenders, showing the emphasis on small business lending in their portfolios.
The report covers the time period [...]

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Tags: Research & Statistics

September-October 2014 Issue of The Small Business Advocate Released

October 15th, 2014 · Comments Off

The Office of Advocacy released the September-October 2014 issue of The Small Business Advocate newsletter. It features Advocacy’s regional advocates’ tour of 1776, a Washington, D.C.-based organization that seeks to nurture local startup businesses by connecting them with a variety of resources. The message from the chief counsel explores the issue of the gender gap [...]

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Tags: Regulatory Policy · Research & Statistics · State and Regional

Innovative Funding Model from Silicon Valley Could Change How Non-Profits and Socially Responsible Firms Do Business

October 8th, 2014 · Comments Off

By Jonathan Porat, Regulatory Economist
Startups such as Dropbox, Reddit, and Airbnb have become aspirational success stories for entrepreneurs. They have made people’s lives easier, disrupted established industries through simple innovations, and in some cases received billion-dollar valuations. Some people however may not be aware that these high-growth and high-value startups have all taken advantage of [...]

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Tags: Research & Statistics

June-July 2014 Issue of The Small Business Advocate Released

July 22nd, 2014 · Comments Off

The Office of Advocacy released the June-July 2014 edition of The Small Business Advocate. The newsletter highlights The Office of Advocacy’s efforts to help the University of New Orleans (UNO) obtain a grant to study and improve a device used by coastal fisherman to protect sea turtles from their nets. Advocacy worked with small shrimping [...]

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Tags: Regulatory Policy · Research & Statistics · State and Regional

Small Business Quarterly Bulletin for First Quarter 2014 Released

July 14th, 2014 · Comments Off

The Office of Advocacy released its Small Business Quarterly Bulletin for First Quarter 2014. This two-page publication includes charts and tables of economic variables to show the status of small business. This latest quarterly bulletin shows positive indicators for small businesses. The bulletin includes data about establishment birth and death rates, proprietors’ income, employment change [...]

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Tags: Research & Statistics

Small Business Profiles Released

June 20th, 2014 · Comments Off

The Office of Advocacy released its annual report entitled Small Business Profiles for the States and Territories. In a new and improved format, the profiles feature information on small business employment, industry composition, small business borrowing, exporting, and survival rates, as well as business owner demographics. This annual publication provides information for the 50 states, [...]

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Tags: Research & Statistics

New Research Report Examines Declining Self-Employment Rate Among Baby Boomers

May 2nd, 2014 · Comments Off

A new report released by the Office of Advocacy examines the decline of the self-employment rate among baby boomers nearing retirement. Authored by Bradley T. Helm, the report entitled “Understanding Self-Employment Dynamics Among Individuals Nearing Retirement” explores the reasons behind why the self-employment rate (the proportion of the labor force that is self-employed) among individuals [...]

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Tags: Research & Statistics

Message from the Chief Counsel: Success Stories from the 2013 Report on the Regulatory Flexibility Act

March 24th, 2014 · Comments Off

By Dr. Winslow Sargeant, Chief Counsel for Advocacy
Each year around this time, the Office of Advocacy issues the annual report on the Regulatory Flexibility Act. The report tells the story of Advocacy’s Office of Interagency Affairs, the group of administrative attorneys who track new proposed rules and encourage federal agencies to fulfill their RFA requirements [...]

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Tags: Regulatory Policy · Research & Statistics

Positive Small Business Indicators in 2013 and the Challenge Ahead

January 7th, 2014 · 3 Comments

The Year in Review: Implications for Small Businesses
Two important economic indicators released late in 2013—employment and interest rates—give us some optimism about small business and economic growth trends. Both of these indicators are key to consumer spending, which drives two-thirds of our nation’s economic activity.
At 7 percent, the unemployment rate in November 2013 was [...]

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Tags: Research & Statistics

Conference Examines Changing Environment in Government and Its Impact on Minority Suppliers

November 25th, 2013 · Comments Off

In October, I participated on a panel at the national conference of the National Minority Supplier Development Council in San Antonio, Texas. The two-hour panel examined the changing environment in government and its impact on minority suppliers.
The Council promotes business opportunities for its 16,000 certified minority-owned businesses (mostly small), and connects them to its 3,500 [...]

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Tags: Research & Statistics · State and Regional

Small Business Lending Continued to Improve in First Quarter 2013

July 12th, 2013 · 2 Comments

The Office of Advocacy’s Quarterly Lending Bulletin for the first quarter of 2013 suggests that while the total amount of small business lending is not yet on the rise, the overall picture is improving. The total amount was down slightly, by 0.3 percent for the quarter, but small commercial and industrial loans continued moderate growth. [...]

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Tags: Research & Statistics

Advocacy Seeks New Small Business Research

July 11th, 2013 · Comments Off

The Office of Advocacy sponsors research documenting the status of small businesses and the impact of important trends. To this end, the office has just announced nine requests for quotations (RFQs) for small business research. The research areas are listed below; they are selected because they are researchable, show the status or role of small [...]

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Tags: Regulatory Policy · Research & Statistics

Crowdfunding Rules in Process: Shaping a New Era in Early-stage Equity Financing

June 10th, 2013 · Comments Off

A recent Advocacy study found that new high-tech businesses depend more than other firms on formal financing from outside sources. High-tech firms that rely on patents, copyrights, and trademarks face bank financing hurdles, the report said, partly because their products depend on knowledge assets, which are harder for banks to assess than physical assets.
Recently, I [...]

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Tags: Regulatory Policy · Research & Statistics

Advocacy Publishes Newest State Small Business Profiles

February 14th, 2013 · Comments Off

How are small businesses doing in your state? The Office of Advocacy has just published the Small Business Profiles for the States and Territories, to help answer this question. These profiles are brief two-page documents that give policymakers, small business owners, economists, and many others a detailed picture of the economic role of small businesses [...]

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Tags: Research & Statistics · State and Regional

Deadline Extended for Small Business Research Proposals

January 9th, 2013 · Comments Off

The deadline for submitting proposals for small business research for the Office of Advocacy has been extended to February 8. The original announcement with the revised deadline follows.
The Office of Advocacy examines the role of small business in the economy and publishes research on a wide range of topics each year. These studies educate policymakers [...]

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Tags: Research & Statistics

2012 Accomplishments, 2013 Horizons

December 21st, 2012 · 3 Comments

As 2012 winds down, the Office of Advocacy continues to build up an impressive number of achievements working with federal agencies and small business owners to bring transparency to the regulatory process. The synergy between our research and regulatory work continues to strengthen both areas; timely and actionable research is the foundation of efficient and [...]

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Tags: Regulatory Policy · Research & Statistics · State and Regional

Panel Examines Regulatory Developments and Women-Owned Businesses

November 16th, 2012 · 1 Comment

 
On November 7, the greater D.C. chapter of the National Association of Women Business Owners (NAWBO) and Women Impacting Public Policy (WIPP) presented a panel on trends in finance, policy, and regulatory requirements that affect women small business owners. Treliant Risk Advisors hosted the event, Regulatory Developments Affecting Women-Owned Businesses, and Advocacy Economist Christine Kymn [...]

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Tags: Regulatory Policy · Research & Statistics

Research To Examine Small Business Job Creation, Finance, Veteran-Owned Business, and Sales Tax

October 17th, 2012 · 24 Comments

 
 
“The mission of Advocacy’s Office of Economic Research is to conduct, sponsor, and promote economic research that provides an environment for small business growth.”
The Office of Advocacy recently awarded seven research contracts using fiscal year 2012 funds. The awards are listed in the table on this page. The topics include research into how and why [...]

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Tags: Research & Statistics

What Is the Level of Availability and Coverage of Health Insurance in Small Firms?

July 31st, 2012 · 3 Comments

 
The Office of Advocacy recently posted several new one-page explanations of Small Business Facts — detailed answers to questions about small business economics. One installment in the series deals with health insurance patterns in small firms, and explains three realities of the health insurance marketplace:
• Small firms are less likely than large firms to offer [...]

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Tags: Research & Statistics

Do You Know Which Banks Make Small Business Loans in Your State?

July 20th, 2012 · 1 Comment

The Office of Advocacy’s latest small business lending report is a valuable small business tool because it tells you who is making small business loans in all 50 states, the District of Columbia, and most of the territories. Since there are several ways to measure lending, it’s not quite accurate to say any one lender [...]

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Tags: Research & Statistics · State and Regional

“Small Business Facts” Debut on Website

July 17th, 2012 · 1 Comment

Confused about terminology? Or the basic definitions used in small business statistics? The Office of Advocacy has launched a new series, “Small Business Facts,” to demystify key small business topics and explain terms that often cause confusion. These concise handouts will bring you up to speed on key information and issues.
Six Small Business Factsheets are [...]

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Tags: Research & Statistics

How Does Your Garden Grow?

July 3rd, 2012 · 1 Comment

Ah, summer—gardening time! Although since the dog tore up my first attempts at gardening a few years ago, I haven’t had the urge to get down in the dirt with a rototiller. But I do like locally grown fresh produce, and every year I purchase a season’s worth of weekly fresh vegetables from a local [...]

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Tags: Research & Statistics

Nonemployer Data Swamps Employer Business Trends, According to Businessinsider.Com

June 29th, 2012 · Comments Off

Business Insider recently published an article drawing on data compiled by the Office of Advocacy to show an interesting caveat that applies to analyses of all businesses—nonemployers and employers combined. “In 2010,” the article reads, “21.7 million U.S. businesses were without employees, while only 5.6 million had them. At 79 percent of all American companies, [...]

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Tags: Research & Statistics

Advocacy Solicitation for Economic Research Proposals Open through July 18

June 21st, 2012 · Comments Off

On June 19, the Office of Advocacy’s Request for Quotations (RFQ) for economic research was posted on FedBizOpps.gov. These RFQs, described below, are for competitive contracts and are not research grants. The deadline for submitting proposals is Thursday, July 18, 2012, at 4 p.m. Eastern (2 p.m. Mountain).
There are several ways to view the proposals: [...]

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Tags: Research & Statistics

Solid Net Job Growth Seen Among Very Small Firms and Large Firms

June 18th, 2012 · 3 Comments

Advocacy has just published its Small Business Quarterly Bulletin with data through first quarter 2012. 

While small firms with 20-499 employees provided three-quarters of the net employment growth since the end of the downturn, more recently, even the very small firms (fewer than 20 employees) and large firms (500 or more employees) showed solid net [...]

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Tags: Research & Statistics

Proposed Changes to Size and Eligibility for Small Business Innovation and Research Program

May 16th, 2012 · Comments Off

The U.S. Small Business Administration (SBA) proposes to amend its regulations governing size and eligibility for the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs.    The proposed rule addresses ownership, control and affiliation for participants in the SBIR and STTR Programs. This includes participants that are majority owned by multiple venture capital [...]

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Tags: Regulatory Policy · Research & Statistics

Would Reforming Export Controls Affect Your Business?

May 10th, 2012 · Comments Off

The President’s Export Council, Subcommittee on Export Administration (PECSEA) has developed a survey on the impact of export controls and priorities for export reform. This is an opportunity for small firms to make their voices heard on the important issue of export controls and reform.  The survey is designed to take only 15 minutes to complete.  [...]

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Tags: Regulatory Policy · Research & Statistics

If Exporting Is Such a Good Deal, Why Isn’t Your Company Doing It?

May 4th, 2012 · 3 Comments

During President Obama’s January 2012 State of the Union Address, the president discussed progress of the National Export Initiative. The program, begun in 2010, aims to double America’s exports by 2014. To help reach this goal, the Obama administration added 20 percent to the Commerce Department’s International Trade Administration budget, which now totals $540 million. [...]

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Tags: Research & Statistics · State and Regional

Immigrant Businesses Start with More Capital than Others Do

May 3rd, 2012 · Comments Off

Immigrants make a significant contribution to business ownership and formation, according to a new study from the Office of Advocacy.  Immigrant Entrepreneurs and Small Business Owners, and their Access to Financial Capital found that 10 percent of immigrants own a business. Nearly 20 percent of immigrant-owned businesses started with $50,000 or more in startup capital, [...]

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Tags: Research & Statistics

The Small Business Economy, 2011

May 1st, 2012 · Comments Off

Quarter by quarter, small busi­nesses with fewer than 500 work­ers continued to outperform large firms in net job creation three out of four times from 1992 through 2010, when private-sector employ­ment rose, according to data in the latest edition of The Small Business Economy.
The newest edition is formatted to improve the accessibility of the [...]

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Tags: Research & Statistics

A Champion of Veteran Entrepreneurship Passes

April 19th, 2012 · Comments Off

Like advocates for veterans everywhere, I was saddened to learn of the passing of my dear friend John K. Lopez on Friday.  John was truly the father of the “veteran entrepreneurship community” and I am proud to have known and worked with him going back for many years.  A Korean War veteran, John spent a lifetime [...]

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Tags: Research & Statistics

Veterans Own Nine Percent of U.S. Businesses, Advocacy Study Finds

April 9th, 2012 · 1 Comment

With his wife Trish, Gary Walker, Missouri Small Business Person of the Year for 2011, opened a cleaning service. Their company, Magic Touch Cleaning, has thrived using environmentally friendly cleaning products. The company’s clients include banks, medical facilities, eye surgery centers, and car dealerships.
Kelly Terrien, 2011 Small Business Person of the Year for Colorado, went [...]

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Tags: Research & Statistics · State and Regional

Advocacy Listening Tour Visits NASA Stennis Space Center in Mississippi

April 5th, 2012 · Comments Off

In March, Chief Counsel for Advocacy Winslow Sargeant, Senior Advisor Michael Landweber, Region IV Advocate Mark Berson, and Region VI Advocate Caitlin Cain participated in a listening tour to locations in Tennessee, Mississippi, and Louisiana. Photos courtesy Stennis Space Center.

Advocacy staff toured the Mississippi Enterprise for Technology (MSET) Small Business Technology Incubator at the Stennis [...]

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Tags: Research & Statistics · State and Regional

Report: Small Business Scores on Job Creation

March 23rd, 2012 · 2 Comments

This week, the Office of Advocacy released the new edition of the annual report, The Small Business Economy.  You can find the entire report on the website, and you can read about in interesting places like Inc.com’s Wire, and reproduced below:
Report: Small Business Scores on Job Creation
Small businesses provide more [...]

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Tags: Research & Statistics

Advocacy’s New Research Resource

March 14th, 2012 · 2 Comments

Interested in delving into the data on businesses owned by women, veterans, or minorities? Looking for the latest statistics on small business lending or venture capital? Advocacy has a new user-friendly web page, Small Business Data Resources, that can point you in the right direction.
Since its creation by Public Law 94-305 in 1976, the SBA’s [...]

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Tags: Research & Statistics

Invention Is the Mother of Economic Growth

December 21st, 2011 · 1 Comment

 Invention Is the Mother of Economic Growth: Nathan Myhrvold
By Nathan Myhrvold – Dec 19, 2011
One reason “dismal science” aptly describes economics is that it so often winds up in a zero-sum trade-off of diminishing returns. That gets depressing when the global economy is in a sorry state, as it is now.
Most economists gloomily advise [...]

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Tags: Research & Statistics

Appleton (Wisconsin) Post Crescent: More college students looking at entrepreneurship

December 20th, 2011 · 1 Comment

More college students looking at entrepreneurship 
Fremont resident Casey Miller is confident five years from now she will have her own business.
Since she enjoys cooking, it likely will be a restaurant or bakery. But unlike many other entrepreneurs before her, she doesn’t intend to just seek a bank loan, find a place to set up shop [...]

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Tags: Research & Statistics · State and Regional

Quarterly Indicators: The Economy and Small Business

December 16th, 2011 · Comments Off

Advocacy releases its Small Business Quarterly Bulletin for the third quarter of 2011.  The brochure-style publication contains commentary and analysis on the current employment and financing trends of small businesses.  The bulletin shows economic variables related to small business trending up. 
If you need further information, please feel free to contact Brian Headd at the Office [...]

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Tags: Research & Statistics

WASHINGTON POST — Commentary: The economy needs small business

December 14th, 2011 · 1 Comment

By Todd McCracken and Dan Danner
December 11 
In the past few months, there has been an influx of sentiment claiming that small businesses aren’t really that important to the U.S. economy and that politicians spend far too much time worrying about small business. 
As the heads of the leading national small-business organizations in the United States, we [...]

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Tags: Regulatory Policy · Research & Statistics

Entrepreneurs in Spurring Job Creation

December 5th, 2011 · Comments Off

Posted by Ellen Kim on December 01, 2011 at 10:18 AM EST
National Entrepreneurship Month is a perfect time to celebrate the immigrant innovators who have always played a major role in growing the American economy – from the Russian-born Sergey Brin (founder of technology giant Google in a California garage) to the Spanish-born Prudencio and [...]

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Tags: Research & Statistics · Uncategorized

Credit Unions an Increasingly Important Source of Small Business Finance

November 14th, 2011 · Comments Off

New from Advocacy this fall is the contract research report, The Growing Impact of Credit Unions on Small Business Lending, by James Wilcox of the University of California–Berkeley. Wilcox’s research finds that credit unions may have provided some extra business lending in response to reductions by banks, even during the financial crisis.
The author chose to [...]

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Tags: Research & Statistics

Obama, SBA and Senate take aim at veteran unemployment

November 10th, 2011 · 5 Comments

WASHINGTON POST – Obama, SBA and Senate take aim at veteran unemployment
By J.D. Harrison
Posted at 04:45 PM ET, 11/08/2011 
A day after the president and U.S. lawmakers took steps to help military veterans find work, federal officials presented a plan to help them create their own jobs — and perhaps some for their fellow Americans, too. 
On [...]

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Tags: Research & Statistics

5 ways to get that federal contract

November 3rd, 2011 · Comments Off

WASHINGTON POST — 5 ways to get that federal contract 
The federal government spends more than $500 billion a year in contracts, making it the largest purchaser of goods and services in the world. Small businesses throughout the country can and should take advantage of contracting opportunities, which can be a crucial source of revenue to [...]

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Tags: Regulatory Policy · Research & Statistics · State and Regional

Credit Union Times – SBA Sees Drop in Lending

November 1st, 2011 · 1 Comment

Agency Cites Decline in Loans Under $1 Million
By Michelle A. Samaad 
The sweet spots nestled in some credit union business lending portfolios may be turning sour.
During the first half of the year, total outstanding SBA loans under $1 million continued to decline, according to the agency’s Office of Advocacy’s “Quarterly Lending Bulletin” released Oct. 14.
Loans outstanding [...]

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Tags: Research & Statistics

Entrepreneurs Lead in Green Innovation

October 28th, 2011 · 1 Comment

Entrepreneurs Lead in Green Innovation
Small businesses have more patents per employee than large companies.
Small businesses are home to innovation, and that is particularly true when it comes to green technologies. A report released last week at the World Green Energy Symposium in Philadelphia by the Small Business Administration’s Office of Advocacy found that while [...]

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Tags: Research & Statistics

Small Businesses Lead the Way in Green Technology Innovation

October 24th, 2011 · Comments Off

Small Businesses Lead the Way in Green Technology Innovation

Small Businesses Patent More and Have Important Patents Relative to Size
Washington, D.C. – infoZine – When it comes to green technology innovation, U.S. small business is leading the way according to a report released today by the SBA Office of Advocacy. The report titled Analysis of Small [...]

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Tags: Research & Statistics

How are credit conditions for small firms?

October 21st, 2011 · 1 Comment

How are credit conditions for small firms?
Credit conditions are improving. In mid-2010, commercial banks began to ease the tight lending conditions on small businesses that had begun in early 2007. And credit has continued to flow, as loans under $1 million totaled $695 billion in FY 2009. Also, after declining over the past few years, [...]

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Tags: Research & Statistics

Frequently Asked Questions about Small Business Finance

October 20th, 2011 · Comments Off

Frequently Asked Questions about Small Business Finance is an eight-page pamphlet that illus­trates the financial ecosystem. The financial ecosystem is the full range of resources that firms access to survive and grow—from mom-and-pops, on the one hand, to high-tech startups, on the other. The Finance FAQ sketches this full range of debt, equity, and other [...]

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Tags: Research & Statistics

What is the survival rate for new firms?

October 19th, 2011 · 1 Comment

What is the survival rate for new firms? 
Seven out of ten new employer firms last at least two years, and about half survive five years. More specifically, according to new Census data, 69 percent of new employer establishments born to new firms in 2000 survived at least two years, and 51 percent survived five or [...]

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Tags: Research & Statistics

How important are small businesses to the U.S. economy?

October 17th, 2011 · 2 Comments

How important are small businesses to the U.S. economy?
Small firms:

Represent 99.7 percent of all employer firms.
Employ just over half of all private sector employees.
Pay 44 percent of total U.S. private payroll.
Have generated 64 percent of net new jobs over the past 15 years.
Create more than half of the nonfarm private gross domestic product (GDP).
Hire 40 [...]

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Tags: Research & Statistics

Bank Liquidity Pressures and the Availability of Bank Credit to Small Firms: Was the 2007-2009 Credit Crisis Different?

October 13th, 2011 · Comments Off

Advocacy’s Office of Economic Research released the following report in September.
Bank Liquidity Pressures and the Availability of Bank Credit to Small Firms: Was the 2007-2009 Credit Crisis Different?, by Joe Peek of the University of Kentucky, finds that bank holdings of liquid assets became an important factor for bank lending during the finan­cial crisis. Generally, this [...]

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Tags: Research & Statistics

Impact of Credit Unions on Small Business Lending

October 12th, 2011 · 1 Comment

Advocacy’s Office of Economic Research released the following report in September.
The Growing Impact of Credit Unions on Small Business Lending, authored by James Wilcox of the University of California–Berkeley, finds that credit unions may have provided some extra business lending in response to reductions by banks, even during the financial crisis.
The author chose to study credit [...]

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Tags: Research & Statistics · State and Regional

Office of Advocacy Issues Call for New Research

August 4th, 2011 · 5 Comments

The Office of Advocacy’s mission includes providing research documenting the status of small businesses and the impact of important trends. To fulfill this task Advocacy periodically funds small business research from researchers through requests for quotations (RFQs). Areas of continuing interest are listed below and have been chosen because they are researchable, show the status [...]

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Tags: Research & Statistics

Regional Advocate Participates in NYC Council Hearing

May 16th, 2011 · 1 Comment

 On Tuesday, May 10, the Office of Advocacy’s Region II Advocate, Teri Coaxum, testified before two New York City Council committees—the Committee on Small Business and the Committee on Veterans, chaired by Diana Reyna and Mathieu Eugene.  Coaxum described the role of the Office of Advocacy and shared the newly released Advocacy-funded study, Factors Affecting [...]

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Tags: Research & Statistics · State and Regional

Capitol Hill Connection for the Week of May 10, 2011

May 10th, 2011 · 1 Comment

Each week while Congress is in session the Office of Advocacy will post a highlights schedule of congressional hearings and committee markups that we think will be of interest to stakeholders in the small business community. For further information on the hearings in question please contact the relevant congressional committee.
THIS WEEK
Congress is in session this [...]

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Tags: Regulatory Policy · Research & Statistics · State and Regional

Capitol Hill Connection for the Week of April 11, 2011

April 12th, 2011 · 1 Comment

Each week while Congress is in session the Office of Advocacy will post a highlights schedule of congressional hearings and committee markups that we think will be of interest to stakeholders in the small business community. For further information on the hearings in question please contact the relevant congressional committee.
THIS WEEK
Now that an agreement has [...]

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Tags: Regulatory Policy · Research & Statistics

Celebrating Women’s History Month and Women’s Business Development

March 21st, 2011 · 3 Comments

 March is Women’s History Month. The importance of celebrating women’s history was well stated in the March 2 Presidential Proclamation.
 “Countless women have steered the course of our history, and their stories are ones of steadfast determination. From reaching for the ballot box to breaking barriers on athletic fields and battlefields, American women have stood resolute in [...]

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Tags: Research & Statistics

Capitol Hill Connection for the Week of March 14, 2011

March 15th, 2011 · 1 Comment

Each week while Congress is in session the Office of Advocacy will post a highlights schedule of congressional hearings and committee markups that we think will be of interest to stakeholders in the small business community. For further information on the hearings in question please contact the relevant congressional committee.
THIS WEEK
The FY 2011 budget saga [...]

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Tags: Regulatory Policy · Research & Statistics

Capitol Hill Connection for the Week of February 28

March 1st, 2011 · 1 Comment

Each week while Congress is in session the Office of Advocacy will post a highlights schedule of congressional hearings and committee markups that we think will be of interest to stakeholders in the small business community. For further information on the hearings in question please contact the relevant congressional committee.
THIS WEEK
Congress is back in session [...]

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Tags: Regulatory Policy · Research & Statistics · State and Regional

Job Creation by “Imovation”

February 28th, 2011 · 4 Comments

Where will the jobs come from? It’s the question of the day and one we hear often in the Office of Advocacy. The answers depend on whom you ask—jobs come from small businesses, innovators, and high-impact fast-growing firms. Is there anything new to be said?
Author Oded Shenkar hardly uses the word “job” in his new [...]

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Tags: Research & Statistics

Capitol Hill Connection for the Week of February 1

February 1st, 2011 · 4 Comments

Each week while Congress is in session the Office of Advocacy will post a highlights schedule of congressional hearings and committee markups that we think will be of interest to stakeholders in the small business community. For further information on the hearings in question please contact the relevant congressional committee.
THIS WEEK
The House is in recess [...]

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Tags: Regulatory Policy · Research & Statistics

Advisory Council on Innovation and Entrepreneurship Holds First Meeting

September 7th, 2010 · 5 Comments

Chief Counsel for Advocacy Winslow Sargeant attended the inaugural meeting of the National Advisory Council on Innovation and Entrepreneurship at the U.S. Department of Commerce on Thursday. The council is made up of 26 national leaders in business, technology, and academia, and it is co-chaired by AOL founder Steve Case, University of Michigan President Mary [...]

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Tags: Regulatory Policy · Research & Statistics

Capitol Hill Connection for the Week of August 2

August 3rd, 2010 · 1 Comment

Each week while Congress is in session the Office of Advocacy will post a highlights schedule of congressional hearings and committee markups that we think will be of interest to stakeholders in the small business community. For further information on the hearings in question please contact the relevant congressional committee.
As of last Friday, the House [...]

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Tags: Regulatory Policy · Research & Statistics · State and Regional

Capitol Hill Connection for the Week of July 26

July 27th, 2010 · 2 Comments

Each week while Congress is in session the Office of Advocacy will post a highlights schedule of congressional hearings and committee markups that we think will be of interest to stakeholders in the small business community. For further information on the hearings in question please contact the relevant congressional committee.
Tuesday, July 27
10:00 a.m.       Full Committee [...]

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Tags: Regulatory Policy · Research & Statistics · State and Regional

Capitol Hill Connection for the Week of July 19

July 20th, 2010 · 3 Comments

Each week while Congress is in session the Office of Advocacy will post a highlights schedule of congressional hearings and committee markups that we think will be of interest to stakeholders in the small business community. For further information on the hearings in question please contact the relevant congressional committee.
President Obama will sign the financial [...]

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Tags: Regulatory Policy · Research & Statistics

Location Matters

May 17th, 2010 · 2 Comments

 If you’ve bought a home, condo, or any type of real estate, you’ve encountered  those magic words describing the desirability of a piece of property: “Location, location, location.” Simply put, location matters.
 The importance and impact of location on economic development and business growth was recently brought into focus in a new study from the Office [...]

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Tags: Research & Statistics · State and Regional

First Attempts at Measuring the “Green” Economy

May 6th, 2010 · Comments Off

When I look up at the night sky, I marvel that the starlight I’m seeing is actually thousands, millions, or even billions of years old. Similarly (in a small way), the news we get down here on Earth usually reflects what happened in the immediate to more distant past.
Over the past several months, as I’ve [...]

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Tags: Research & Statistics

Advocacy Economists Participate in AEA Meetings

January 13th, 2010 · Comments Off

Two Advocacy economists, Dr. Jules Lichtenstein and Dr. Ying Lowrey, presented papers at the 2010 Annual Meeting of the American Economic Association (AEA). This year’s meeting took place January 3-5 in Atlanta. It was held in conjunction with approximately 50 other social sciences associations and included over 450 scholarly sessions and 9,000 attendees.
 Dr. Lichtenstein presented [...]

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Tags: Regulatory Policy · Research & Statistics

A Gold Mine for State Data Diggers

October 30th, 2009 · 8 Comments

This week the Office of Advocacy released its 2009 edition of small business profiles. On the website at www.sba.gov/advo/research/profiles, you will find an array of two-page small business economic profiles for the nation, each of the 50 states, the District of Columbia, and the U.S. territories. Each is loaded with the most current available data [...]

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Tags: Research & Statistics · State and Regional

How to Train Future Entrepreneurs

September 30th, 2009 · 8 Comments

The Office of Advocacy released a new publication, Toward Effective Education of Innovative Entrepreneurs in Small Business  by Summit Consulting, during a panel at the Berkley Center for Entrepreneurship and Innovation at New York University. Participants in the conference included (from left) Matthew Mayhew, assistant professor of higher education, NYU; Jeffrey Simonoff, professor of statistics, [...]

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Tags: Research & Statistics

MED Week Showcases Innovative Energy Initiatives by Minority Entrepreneurs

August 31st, 2009 · 2 Comments

            Minority Enterprise Development Week 2009 was a great opportunity to celebrate “Energizing the American Economy with Minority Business Enterprises.” I attended a panel on Thursday morning, August 27 (following an excellent keynote address by Earvin “Magic” Johnson) that featured, as moderator, Derek Dingle, Editor in Chief of Black Enterprise magazine; Aubyn Thomas, Senior Vice [...]

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Tags: Research & Statistics · State and Regional

Citation Study Opens Door to a Wealth of Small Business Research

August 27th, 2009 · 3 Comments

            Interested in the relationship between gender and the finances accessed by entrepreneurial firms, or venture capital and the commercialization of technology?  How about business angels, minority entrepreneurship, rural innovators, entrepreneurship in urban areas, veteran business owners, or the cost of regulation?  Perhaps you need to know more about entrepreneurial creativity, firm or job creation, [...]

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Tags: Research & Statistics

Research Contracting Opportunities

July 23rd, 2009 · Comments Off

The Office of Advocacy’s mission includes providing research documenting the status of small businesses and the impact of important trends on them.  Areas of continuing interest are listed below.  In addition to increasing knowledge about small business in general, these areas are noteworthy because they may provide policymaking insight or serve as a foundation for [...]

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Tags: Research & Statistics

Innovation and Intellectual Property Protection Will Drive Green Job Creation

July 17th, 2009 · 8 Comments

            Many of Advocacy’s studies over its history have focused on how small businesses, as well as entrepreneurs of all demographic groups, contribute to job creation and economic growth through innovative technologies (see, for example, the study released this week on High-tech Immigrant Entrepreneurship in the United States.
            At a recent National Economists Club meeting, [...]

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Tags: Research & Statistics

Fed Chairman Bernanke Testifies On The Economy

June 9th, 2009 · Comments Off

            Ben Bernanke, Chairman of the Federal Reserve, has become one of the most famous men in America over the last year.  Rising from relative obscurity as the Princeton professor who became Alan Greenspan’s successor, he has appeared to handle both the financial crisis and oversight from Congress with the equanimity of a seasoned pro. [...]

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Tags: Research & Statistics

Winslow Sargeant Nominated Next Chief Counsel for Advocacy

May 26th, 2009 · 1 Comment

From the White House press office:
President Obama Announces More Key Administration Posts
President Obama said, “I’m grateful that such experienced and dedicated individuals have joined my administration at a time when our nation faces great challenges. Their deep commitment to their individual areas of work gives me confidence that they will help us put America back [...]

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Tags: Regulatory Policy · Research & Statistics · State and Regional · Uncategorized

During The First Quarter Of 2009, The Economic Situation Remained Bleak

May 11th, 2009 · 1 Comment

            Last week Advocacy released our Quarterly Indicators for the first quarter of 2009.  The economy continued its downward slide in January, February, and March of this year.  The economic recession deepened; real gross domestic product fell by an annualized 6.1 percent.  One bright spot in the first quarter was positive growth in consumer spending.  [...]

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Tags: Research & Statistics

Some Positive Signs For Small Business

April 23rd, 2009 · 10 Comments

            In a couple weeks, the Office of Advocacy will release the next edition of our quarterly indicators for small business.  Much of that document will hinge on what we learn from the first quarter 2009 real gross domestic product (GDP) figures, which will be released on April 29.  Given the severity of the recession, [...]

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Tags: Research & Statistics

Are Small Business Employees Trained For Their Jobs?

March 10th, 2009 · 8 Comments

      On Feb. 27th I presented a paper titled “Small Business Training and Development: Analysis of Recipients, Types, Location and Incidence Levels Using SIPP Data” at the 35th Annual Eastern Economic Association Conference at the Sheraton New York in Manhattan.  The paper was based on an analysis of the latest training data released by the [...]

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Tags: Research & Statistics

Advocacy Experts and Leaders Reunite at Small Business Conference

February 19th, 2009 · 2 Comments

            February 12-14, the National Small Business Association (NSBA) held its Small Business Congress (SBC) in Fort Lauderdale, Florida.  Participants at the event included current and past Advocacy leaders, including former Chief Counsels Jere Glover and Tom Sullivan and Acting Chief Counsel Shawne McGibbon.
 
            Advocacy Chief Economist Dr. Chad Moutray led a Small Business Economic [...]

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Tags: Regulatory Policy · Research & Statistics

Stimulus Package Includes Incentives For Small Business

February 17th, 2009 · 23 Comments

            Today, President Obama will sign the American Recovery and Investment Act of 2009.  I thought that it might be helpful to state what is in this Act for small business.  Here is a run-down of some of the larger items:
 
·      $720 million to help support a number of programs at the U.S. Small Business [...]

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Tags: Regulatory Policy · Research & Statistics · State and Regional

Information Infrastructure: A Key to Small Business Success?

February 17th, 2009 · Comments Off

            Advocacy has had many calls lately about how small businesses are weathering the current recession.  The hard answers about how they fared in this recession, compared with earlier ones, will have to wait for data that are not yet available.
 
            At the same time, much talk is in the air in Washington about [...]

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Tags: Research & Statistics

Advocacy Experts to Participate in Small Business Congress

February 12th, 2009 · Comments Off

 
The National Small Business Association (NSBA) is holding its annual Small Business Congress (SBC) February 12-14, in Fort Lauderdale, Florida.  On Thursday, February 12, Advocacy Chief Economist Dr. Chad Moutray will lead a Small Business Economic Forum and will release the 2008 edition of the Office of Advocacy’s Small Business Economy report.  This year’s report [...]

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Tags: Regulatory Policy · Research & Statistics

Will the Recession Lead to More Entrepreneurship?

January 30th, 2009 · 6 Comments

            The United States lost 2.6 million jobs in 2008, the greatest decline in annual nonfarm payrolls since 1945; meanwhile, the unemployment rate has crept up to 7.2 percent.  Later this week, the Bureau of Economic Analysis will release what most economists expect to be horrible gross domestic product figures for the fourth quarter of [...]

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Tags: Research & Statistics

Small Business Profiles for the States and Territories

January 27th, 2009 · Comments Off

 
            The most recent Small Business Profiles for the States and Territories—published in January 2009 captures the economic activity and condition of small businesses of each state including the U.S. Territories.
 
            Differences among the states reinforce the “regional” nature of the U.S. and the possible perils of assuming national trends apply to our neighborhoods.
 
            [...]

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Tags: Research & Statistics

High Unemployment To Continue Into 2011?

January 13th, 2009 · 1 Comment

            On January 8, I attended the National Economists Club (NEC) presentation by Laurence Meyer, Vice Chairman, Macroeconomic Advisors, on “Whatever It Takes: Outlook for US Economy and Monetary Policy.” 
 
            The presentation was based on output from models developed at his forecasting company.  Meyer believes that the US is in a deep recession.  According [...]

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Tags: Research & Statistics

Entrepreneurship, Business Density, and the Future of China

December 19th, 2008 · 4 Comments

            I was invited to serve as a discussant for a luncheon seminar hosted by the Hudson Institute and the Dingman Center for Entrepreneurship on Dec. 9, 2008.  Antony Ni, a Visiting Professor at Shanghai Jiao Tong University, and an entrepreneur both in China and in United States presented an update of data on doing [...]

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Tags: Research & Statistics

Chief Economist To Chair National Economics Club

December 18th, 2008 · Comments Off

            Dr. Chad Moutray, Chief Economist for the Office of Advocacy, will chair the National Economics Club the Washington, D.C., chapter of National Association for Business Economics, serving for 2009.
 
            The most recent issue of the NABE newsletter profiles Chad and outlines what he sees for NABE, the NEC, Advocacy, and small business in 2009.
 
– [...]

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Tags: Research & Statistics

Is Canadian Healthcare a Model for the U.S.?

December 11th, 2008 · 3 Comments

            Recently, I attended Gerard Boychuk’s presentation on Is Canadian Healthcare a Model for the U.S.? at the Hudson Institute in Washington DC.  Dr. Boychuk is Director of Global Governance at the Basillie School of International Affairs at the University of  Waterloo, Ontario.  The presentation was based on his new book, National Health Insurance in [...]

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Tags: Research & Statistics

The Role of Entrepreneurship and Business Ownership in Reducing Poverty

December 5th, 2008 · 4 Comments

            I recently attended a one-day symposium entitled “Confronting Concentrated Poverty: A Policy Forum” at the Federal Reserve Board here in DC.  I was disappointed but also excited at the close of the meeting.  The disappointment was due to the absence of small business and entrepreneurship in the discussion.  The excitement was generated from my [...]

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Tags: Research & Statistics

A Recession is Declared at Last

December 3rd, 2008 · 1 Comment

            The announcement by the National Bureau of Economic Research declaring that a recession began in December 2007 did not surprise many people.  Many economists, including Moody’s Economy.com Chief Economist Mark Zandi, have suggested this for much of the year, and certainly many Americans have long sensed this reality, as well.  Especially in light of [...]

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Tags: Research & Statistics

Are Micro-Employers Acting Differently In This Downturn?

December 1st, 2008 · Comments Off

            A recent issue of the MicroEnterprise Journal explores the issue of whether micro-employers are acting differently in terms of job gains and losses in this downturn than in previous ones.  Using Bureau of labor Statistics data (lagged only 9 months!) the answer seems to be, yes.
 
            In her analysis, the MicroEnterprise Journal editor Dawn [...]

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Tags: Research & Statistics