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VT Small Business Profile Released

Release Date: 
Friday, April 26, 2019

The Office of Advocacy released the Vermont Small Business Profile, a detailed report about the state’s small business economy.  

Vermont small businesses employ 161,080 workers, 61 percent of the state’s workforce. Vermont small businesses have hired approximately 3,000 new employees since 2018.

The unemployment rate in Vermont dropped from 2.9 percent in January 2018 to 2.4 percent in February 2019. The national unemployment rate average is 3.9 percent.

The report also shows Vermont has 77,614 small businesses.

The Office of Advocacy is an independent office within the SBA. Each year the office releases small business profiles for each state and territory. Vermont’s report includes information about the number of firms, employment, demographics and other statistics using the most recently available government data.

Read the profile. 

For more information, call 202-205-6533 or visit www.sba.gov/advocacy.

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