Census Data: Small business contributions by the numbers

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Of course, Small Business Saturday is a day to show love for small businesses and recognize their contributions to their local economies but have you ever seen the numbers?

Here’s what small businesses are bringing to the table by the numbers. 

  • According to U.S. Census data collected in 2015, 5.3 of the country’s 5.9 million employer firms had less than 20 employees. 
  • Small businesses employed about 20.8 million people.
  • Small businesses had a reported annual payroll amount of $828.7 billion.

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