September 9, 2014

Percent of small businesses least ever

Activist Post - According to the Federal Reserve, the percentage of American families that own a small business is at the lowest level that has ever been recorded.  ... The Federal Reserve revealed that small business ownership in America "fell substantially" between 2010 and 2013.  Even in the midst of this so-called "economic recovery", small business ownership in America has now fallen to an all-time low.

2 comments:

Anonymous said...

And on the other hand, corporate consolidation has never been nearly so complete. What chances has a small business owner when competing within an environment dominated and controlled by economies of scale?

Anonymous said...

Anyone have a source for this information? I have not been able to verify it from the Federal Reserve or other searches.