Infographic: Who Are the People Running Small Businesses and What Do They Mean to the Economy?

Small businesses have been a cornerstone of our country since its inception, and they currently employ over 115 million people and produce $33 trillion in receipts.

The U.S. Census Bureau’s recent inaugural Annual Survey of Entrepreneurs takes a deep look at U.S. firms, breaking down distribution, societal and economic numbers.

The Annual Survey of Entrepreneurs (ASE) provides information on selected economic and demographic characteristics for businesses and business owners by gender, ethnicity, race, and veteran status. Title 13 of the United States Code authorizes this survey and provides for mandatory responses. The ASE represents an exciting public-private partnership between the Census Bureau, the Ewing Marion Kauffman Foundation and the Minority Business Development Agency (MBDA). The partnership with the Kauffman Foundation and the MBDA supported costs associated with designing the survey, developing new content, mailing to sampled businesses, data processing and editing, and developing data products for disseminating survey results. The Census Bureau collaborated with the Kauffman Foundation to use their expertise in entrepreneurship research to develop new relevant content and the resulting data products. The Census Bureau’s collaboration with the MBDA will help complete the picture of business ownership by producing modeled estimates for nonemployer businesses by gender, ethnicity, race, and veteran status (available in 2017).

The National Federation of Independent Business (NFIB) represents 325,000 small businesses in all 50 states and Washington, D.C., and is dedicated to leveling the playing field with Big Business, Big Government, and Big Labor in every key area – taxes, healthcare, regulations, and more.

ADVOCACY NFIB is the leading advocate for small business owners, with offices in Washington, D.C., and every state capital. Our mission is to defend the right of small business owners to run their businesses without undue government interference and to advance public policies that promote their success. We proudly represent hundreds of thousands of members nationwide from every industry and sector. We are the only major business organization whose policies and positions are established by the members directly, not by executive staff or the Board of Directors. That’s what makes us credible, widely respected, and effective.






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