SBA Report Documents Dominance of Small Firms
YOUNGSTOWN, Ohio -- There are nearly 28.5 million small businesses operating in the United States and of that total, 926,977 are operating in Ohio, 999,591 in Pennsylvania. The numbers come from the U.S. Small Business Administration’s Office of Advocacy, which has released reams of data showing half of the nation’s private workforce is employed by companies with fewer than 500 employees. The report, Small Business Profiles for the States and Territories, provides information on smallCopyright 2022 The Business Journal, Youngstown, Ohio.