WASHINGTON, March 29, 2017 /PRNewswire-USNewswire/ --
Following is the daily "Profile America" feature from the U.S.
Census Bureau:
MOM AND POP BUSINESSES
Profile America — Wednesday, March
29th. While shoppers and communities often welcome the
opening of a major department store or a branch of a big-box chain,
they are also the cause of some concern. Small local businesses
face greater competition, yet those small businesses are an
outsized engine of economic growth. Additionally, they are
important distinguishing features in local communities. That's why
today is Mom and Pop Business Owners Day. In 2012, there were
nearly 28 million business firms in the U.S., but only 5.4 million
of them had paid employees. In that group, over 2.7 million-- about
half-- were enterprises having four or fewer employees. Almost 10
million of America's business enterprises are women-owned.
You can find current data on the country's economy by
downloading the 'America's Economy' mobile application at
www.census.gov/mobile.
Sources:
Occasion/accessed 1/5/2017:
http://www.cute-calendar.com/event/national-mom-and-pop-business-owners-day/13027-usa.html
Total business firms/Survey of Business Owners:
https://factfinder.census.gov/bkmk/table/1.0/en/SBO/2012/00CSA01/0100000US
Women-owned firms/Survey of Business Owners:
https://factfinder.census.gov/bkmk/table/1.0/en/SBO/2012/00CSA01
Profile America is produced by the Center for New Media and
Promotion of the U.S. Census Bureau. Statistics and accounts drawn
from cited non-Census sources are employed for illustrative or
narrative purposes, and are not attested to by the U.S. Census
Bureau. These daily features are available as produced segments,
ready to air, on the Internet at http://www.census.gov (look for
"Audio" in the "Library" pull-down menu).
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/us-census-bureau-daily-feature-for-march-29-mom-and-pop-businesses-300429988.html
SOURCE U.S. Census Bureau