35+ Key Small Business Statistics
by Backlinko Team · Updated Apr. 30, 2024
Small businesses are the backbone of the American economy (and in many parts of the world) and provide jobs for nearly half (45.9%) of US employees.
Nearly 9-in-10 Americans state small businesses have a positive impact, whereas only 29% of Americans view large corporations positively.
Want to learn about the state of small businesses, what is their role in today’s economy, how many businesses fail and what are the current challenges?
Let’s dive right in.