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Small Businesses: Difference between revisions
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* Small businesses represent 97.3% of all exporters and 32.6% of known export value ($413.3 billion). | * Small businesses represent 97.3% of all exporters and 32.6% of known export value ($413.3 billion). | ||
* They also employ almost half (46%) of America's private sector workforce and represent 43.5% of gross domestic product. | * They also employ almost half (46%) of America's private sector workforce and represent 43.5% of gross domestic product. | ||
== Assessments == | |||
Magaly | |||
=== Others === | |||
==== USB ==== | |||
Bankrupcies rising shows weakness in the sector, and it is experec to continue due to 3 Reasons: <ref>https://www.cnbc.com/video/2023/04/06/closed-for-business-ubs-finds-small-business-bankruptcy-filings-hit-record-pace.html</ref> | |||
* They got a lot of fiscal support during the pandemic , and now that have rolled off completely | |||
* Very sensitive to rising interest rates, they have a very large proportion of floating rate debt | |||
* They have less funding options | |||
== NFIB Survey == | == NFIB Survey == | ||