Office of Advocacy

Office of Advocacy

Economic developers in regions across the United States often want to support entrepreneurial activity, but find it difficult both to develop suitable prescriptions and to put them into practice. Analysis of case studies has identified a promising pattern of economic clusters (agglomerations). Creating or supporting economic clusters is a possible means of supporting entrepreneurship. Here is the complete report on New Business Clustering in U.S. Counties, 1990-2006

For the past 30 years, the Office of Advocacy has produced a series of annual reports on American small businesses titled, from 1982 to 2000, The State of Small Business and from 2001 to the present, The Small Business Economy. This is a rich collection of information about small business contributions to the economy and trends over time. This year, for the first time, the Office of Advocacy offers the key data on small businesses in tabular form online in place of the paperback report. This new format will increase the accessibility of the data.

By George W. Haynes. Bozeman, Montana

An extensive body of research exists on the financial structure of small businesses, along with numerous studies that have focused on the profit maximization and risk tolerance of small business owners. Little has been done on the intermingling of business and family finances of small business-owning-house-holds. This study utilizes the 1998 through 2007 Surveys of Consumer Finances (SCF) to examine the intermingling of financial resources between the household and the business. In particular, it address-es the following research questions:

By Rebel Cole, Chicago, IL.

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