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.
February 12, 2019
With the Shutdown Looming Again, Lawmakers Should Remember Microbusinesses are Resilient, not Unbreakable
A recent CNBC article detailed how many small businesses that were adversely affected by the shutdown are struggling to move on.