SubscribeGovernment stimulus, greater exports and less-severe reductions in business inventories have been credited with the growth, but data from Sageworks, which compiles financial information on privately-held companies, paints a far bleaker picture for small businesses.
U.S. Small Business Sales Growth/(Decline) through 4th Quarter 2009
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1 Comments
Posted by Bill Conerly
Not quite an apples to apples comparison. The -6.4% small business figure is over four quarters; the GDP figure cited is quarter over quarter annualized. The better comparison is GDP, not inflation adjusted, four-quarter % change, which was up 0.7%.
The point remains that small business seems to be worse off than the overall economy, though not by quite as much as the article says.
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