Fact Sheet: What Is A Microbusiness?
Firms with 0-4 Employees are MICROBUSINESSES
91% of firms in the U.S. are microbusinesses, firms with 0-4 employees. These 24.7 million businesses averaging $84,000 in revenue each contribute $2 trillion to the economy, and supply more than 30 million jobs for owners and their employees. Most microbusinesses are nonemployers without formal staff on the payroll but a third of them will hire contractors*, providing economic opportunities for at least 7 million more.
Microbusiness Employment Statistics (MEES)
AEO's Microbusiness Employment Statistics calculates the percent of employment that is attributed to microbusinesses (businesses with five or less employees).
This information provides the industry with accurate, reliable statistics on the economic prevalence of microbusiness in terms of employers and employees through a county-by-county breakdown of three indicators vital to understanding the impact of microbusinesses on the U.S. economy:
- Total number of microbusinesses;
- Total microbusiness employment; and
- Microbusiness as a percentage of total employment.
MEES also includes a rural/urban classification of each county and derives a breakdown of rural/urban microbusiness employment.
- MEES United States "Heat Map"
- 13-year MEES Analysis (2002-2014)
- MEES United States Spreadsheet
- MEES United States Rural-Urban Spreadsheet
If you need specific data for your state, please contact Ingrid Gorman.
April 16, 2019
Industry News -
Under the new Farm Bill, farmers can receive up to $100,000 through multiple microloan programs that provide flexible access to credit for small, beginning, niche, and non-traditional farms.
April 10, 2019
Industry News -
CDFI Fund Releases Annual Report on Activities According to the report, CDFI program awardees reported more than $11 billion in lending and investment activity, which financed nearly 16,000 businesses in 2018.
April 2, 2019
Policy News -
SBA Administrator Linda McMahon has announced her resignation effective April 12th. In a statement issued on Friday, McMahon said she will be returning to the private sector.