January 1998

Article Abstract:

Small business experienced a decline in profit in 1997 as well as lowered expectations regarding the economic growth. Six percent of the companies have increased their selling price and 9% of firms with unsatisfactory profits performance blame low selling price for the low profits. Hiring plans are still in higher levels with 20% of all firms intending to hire more employees. On the other hand, 16% of all firms were facing difficulty in finding qualified labor.

Employment, National Income, Statistics, United States economic conditions

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Single most important problem

Article Abstract:

Two graphs and a table representing the problems encountered by small businesses in the United States are presented. The figures presented in the graphs include data from 1986 to 2007.

United States, Small Business, Reports, National Federation of Independent Business, SOHO, Table, Graph

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