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Small Business Performance in the 1990s

Date: 07/03/2006 | Category: Business | Author: developers

A recently released report by the SBA examined the performance of small businesses during the the 1990s. The 1990s were considered to be one of the longest U.S. economic expansion periods in recent history.

The overall findings of the research found “that households owning small businesses were more likely to be found in the top echelons of income and wealth than households that did not own a business. However, over the course of the study period, the likelihood of being in the high income and high wealth category increased at a faster rate for non-business owning households than for households with small businesses. In addition, small business owners saw their share of aggregate household wealth decline from 42.5 percent in 1992 to 40.6 percent in 2001.”

To read the report in its entirety, click here.