Every year since 1963, U.S. presidents have issued a Small Business Week proclamation to recognize the contributions of entrepreneurs and small business owners.
The theme of Small Business Week 2022, which runs the first week of May every year, is “Building a Better America Through Entrepreneurship.”
To celebrate, the Small Business Administration (SBA) is hosting a four-day virtual summit and other activities. Registration is now open.
The U.S. Census Bureau not only recognizes the importance of all small businesses but provides resources and tools to help them.
The theme of Small Business Week 2022, which runs the first week of May every year, is “Building a Better America Through Entrepreneurship.”
Based on the SBA definition of a small business as an establishment with fewer than 500 employees, there were 7,977,623 small businesses in 2020, up from 7,936,977 the previous year, according to County Business Patterns.
In addition to these employer businesses, there are many self-employed entrepreneurs that contribute to the economy. Businesses with no paid employees are included in the Nonemployer Statistics program.
These small businesses operated in retail, manufacturing, services and most other sectors of the economy.
A new Census website provides a one-stop compilation of resources, data tools, and free training for small businesses to highlight their importance to the economy. Among them:
Adam Grundy is a supervisory statistician in the Census Bureau’s Economic Management Division.
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