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Fact of the Week

FACT OF THE WEEK: Industrial Production

By at 18 February, 2015, 8:59 pm

The Federal Reserve reported the latest industrial production numbers on February 18, and like so much of the economic data published during this poor recovery, it’s not a clear-cut tale. Industrial production is an index measuring the physical output of all manufacturing, mining, and electric and gas utility establishments in the United States.  For January, […]

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FACT OF THE WEEK: The Retail Sales Story

By at 12 February, 2015, 11:01 pm

Make no mistake, lower energy prices are positives for the economy. But that doesn’t mean that other issues holding back growth simply disappear. Consider the latest retails sales numbers released by the U.S. Census Bureau on February 12. The retail numbers for January were disappointing, which followed on weak numbers for December as well. Overall, […]

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FACT OF THE WEEK: Jobs Story Brightens, But Entrepreneurship Numbers are Troubling

By at 6 February, 2015, 5:06 pm

The U.S. Bureau of Labor Statistics released its employment report for January on the morning of February 6. Here are some key numbers and trends: Payroll Job Growth. Overall, the jobs story was positive. The establishment (or payroll) survey pointed to a jobs gain of 257,000 in January (267,000 in the private sector). For good […]

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Reminder: U.S. Economy Is All About Small Business

By at 3 February, 2015, 9:03 pm

FACT OF THE WEEK The U.S. Census Bureau updated its data on businesses based on firm size by number of employees. The numbers (the new data is for 2012) provide a powerful reminder that the economy is all about small and mid-size businesses. Consider the shares that firms with less than 20 workers and less […]

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Fact of the Week: Small Business Transactions Up in 2014

By at 22 January, 2015, 12:21 am

BizBuySell.com, a business-for-sale marketplace, reported on January 9 that “that small business transactions reached record levels in 2014 as brokers reported the highest number of businesses changing hands since BizBuySell started tracking data in 2007.” Additionally: “According to BizBuysell, the buying and selling of small businesses increased over 6% in 2014, compared with 2013. This […]

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Regulation: Q&A on the EPA’s Proposed Ozone Rules

By at 19 January, 2015, 9:29 pm

What is the Environmental Protection Agency’s (EPA’s) proposed regulation on Ozone and what does it mean for entrepreneurs, small businesses and the economy? The EPA announced in late November 2014 that it is proposing to increase regulation regarding the ozone threshold under the National Ambient Air Quality Standards (NAAQS).  The proposed rule appeared in the Federal […]

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Analysis: The Story on Jobs Remains Mixed

By at 9 January, 2015, 1:47 pm

The latest job data from the Bureau of Labor Statistics for December presented data that were more mixed than what we would expect if economic growth were truly robust. The nonfarm payroll growth for December was solid at 252,000, with private payrolls up by 240,000. However, the numbers are less than impressive when looking at […]

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Tax Reform in 2015!

By at 2 January, 2015, 11:24 am

Congress returns to Capitol Hill soon, and SBE Council is reminding Members to do their job and reform our complex and noncompetitive tax system NOW! True tax reform in 2015 would be a huge positive for entrepreneurs, businesses of all types and sizes, investors, workers and job seekers, and the overall economy. There are high […]

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Small Businesses Among Santa’s Helpers

By at 23 December, 2014, 12:07 pm

by Ray Keating- We all know what a productive and magical bunch elves are. Hey, I’ve seen the movie “Elf” many times. But there’s still no way that elves can make ALL of the toys that Santa Claus distributes on Christmas. So, where does Santa get the toys that the elves cannot crank out? In […]

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The Latest on U.S. Economic Confidence

By at 17 December, 2014, 11:50 am

Gallup released their latest numbers on economic confidence. The reading came in at -9. What exactly does that mean? Gallup explains: “Gallup’s Economic Confidence Index is the average of two components: Americans’ views of current economic conditions and whether they think the economy will get better or will get worse. The index has a theoretical […]

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