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The Business Institute

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Program Overview

Focus on the bottom line with these targeted 2-week and 4-week classes.

U.S. Small Business Administration NEWS RELEASE For Release: October 3, 2005

Small Business Continues To Drive U.S. Economy

WASHINGTON, D.C. -America’s small businesses continue to drive the U.S. economy, according to the updated 2005 Small Business FAQ, released today by the Office of Advocacy at the U.S. Small Business Administration.

Small business statistics highlighted in the 2005 Small Business FAQ include:
  • Small businesses represent 99.7 percent of all employer firms.
  • Over the past decade, small business net job creation fluctuated between 60 and 80 percent.
  • Small businesses generate more than 50 percent of the nonfarm private gross domestic product (GDP).
  • Small businesses employ half of all private sector employees.
  • Minorities own 4.1 million firms that generate $694.1 billion in revenues and employ 4.8 million workers.
Jessica For more information on any of the Business Institute credit programs:  

Jessica Morris

Business Institute Program Advisor
Appointments Preferred

480-425-6911
jessica.morris@sccmail.maricopa.edu
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14350 North 87th Street,Suite 185 • Scottsdale, AZ 85260
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6/15/08 Modified