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The Changing Economy: A Vertical Industry & Demographic Profile of the Small Business Market (5-99 Employees)

Published by: In-Stat

Published: Jul. 1, 2002 - 56 Pages


Table of Contents


Executive Summary
Methodology
Forecasting Techniques
Definitions
Structured Research Sources
Business Broadband (in a Changed Economy), 2002
US Census Published and Tabular Data
US Bureau of Labor Statistics
Bureau of Economic Analysis
Department of Commerce
Change in Scope of Demographics
Small Business Demographics
Number of Firms
Number of Employees
Work Environments
Employment by Primary Location, 2002-2006
Remote and/or Mobile Workers in the US Market
Telecommuters in the US Business Market
Internet-accessing Telecommuters in the US Business Market
Internet-accessing Telecommuters in the Small Business Market
Remote Branch Offices in the US Business Market
Remote Branch Offices in the Small Business Market
Perceptions
Is the Economy Recovering?
Perceptions at the End of 2001
Impact on Expected IT Spending
Expected Areas of IT Investment
Demographics by Vertical Industry
Firms
Establishments
Employment
Segmentation of Firms by Industry
Segmentation of Establishments by Industry
Segmentation of Employees by Industry
Mining
Definition
Demographics
2001 In Review
Mining in the Small Business Market
Construction
Definition
Demographics
2001 in Review
Construction in the Small Business Market
Manufacturing
Definition
Demographics
2001 in Review
Manufacturing in the Small Business Market
Transportation, Communication, and Utilities
Definition
Demographics
2001 in Review
TCU in the Small Business Market
Wholesale Trade
Definition
Demographics
2001 in Review
Wholesale Trade in the Small Business Market
Retail Trade
Definition
Demographics
2001 in Review
Retail Trade in the Small Business Market
Finance, Insurance, & Real Estate (FIRE)
Definition
Demographics
2001 in Review
FIRE in the Small Business Market
Services
Definition
Demographics
2001 in Review
Services in the Small Business Market
Government
Definition
Demographics
2001 in Review
Government in the Small Business Market
Conclusion


List of Tables
Table 1. Number of Firms - Small Businesses/Organizations, 2002-2006
Table 2. Number of Employees - Small Businesses/Organizations, 2002-2006
Table 3. Employment by Primary Location - Small Businesses/Organizations, 2002-2006
Table 4. Number of Remote & Mobile Workers - US Business Market, 2002-2006
Table 5. Number of Telecommuters - US Business Market, 2002-2006
Table 6. Number of Internet-accessing Telecommuters - US Business Market, 2002-2006
Table 7. Number of Internet-accessing Telecommuters - Small Businesses/Organizations, 2002-2006
Table 8. Number of Remote Branch Offices - US Business Market, 2002-2006
Table 9. Number of Remote Branch Offices - Small Businesses/Organizations, 2002-2006
Table 10. Number of Firms, Establishments, and Employees by Industry - Small Businesses/Organizations, 2002
Table 11. Segmentation of Firms by Industry and Size of Business - Small Businesses/Organizations, 2002
Table 12. Segmentation of Establishments by Industry and Size - Small Businesses/Organizations, 2002
Table 13. Segmentation of Employees by Industry and Size of Business - Small Businesses/Organizations, 2002
Table 14. Number of Mining Firms, Establishments, and Employees - Small Businesses/Organizations, 2002
Table 15. Mining Firms, Establishments, and Employees by Sub-vertical - Small Businesses/Organizations, 2002
Table 16. Number of Construction Firms, Establishments, and Employees - Small Businesses/Organizations, 2002
Table 17. Construction Firms, Establishments, and Employees by Sub-vertical - Small Businesses/Organizations, 2002
Table 18. Number of Manufacturing Firms, Establishments, and Employees - Small Businesses/Organizations, 2002
Table 19. Number of Manufacturing Firms, Establishments, and Employees by Sub-vertical - Small Businesses/Organizations, 2002
Table 20. Number of TCU Firms, Establishments, and Employees - Small Businesses/Organizations, 2002
Table 21. Number of TCU Firms, Establishments, and Employees by Sub-vertical - Small Businesses/Organizations, 2002
Table 22. Number of Wholesale Trade Firms, Establishments, and Employees - Small Business/Organizations, 2002
Table 23. Number of Wholesale Trade Firms, Establishments, and Employees by Sub-vertical - Small Businesses/Organizations, 2002
Table 24. Number of Retail Trade Firms, Establishments, and Employees - Small Businesses/Organizations, 2002
Table 25. Number of Retail Trade Firms, Establishments, and Employees by Sub-vertical - Small Businesses/Organizations, 2002
Table 26. Number of FIRE Firms, Establishments, and Employees - Small Businesses/Organizations, 2002
Table 27. Number of FIRE Firms, Establishments, and Employees by Sub-vertical - Small Businesses/Organizations, 2002
Table 28. Number of Services Firms, Establishments, and Employees - Small Businesses/Organizations, 2002
Table 29. Number of Services Firms, Establishments, and Employees by Sub-vertical - Small Businesses/Organizations, 2002
Table 30. Number of Government Firms/Organizations, Establishments, and Employees - Small Businesses/Organizations, 2002
Table 31. Number of Government Firms/Organizations, Establishments, and Employees by Sub-vertical - Small Businesses/Organizations, 2002


List of Figures
Figure 1. Firms and Employment (in Millions)- Small Businesses/Organizations, 2000-2006
Figure 2. Employment by Primary Location - Small Businesses/Organizations, 2002
Figure 3. Perceptions of the US Economy - Small Businesses/Organizations, 2002
Figure 4. Perceptions of Economic Performance - Small Businesses/Organizations, Q4 2001
Figure 5. Expected Impact of Perceived Economic Changes on IT Spending - Small Businesses/Organizations, Q4 2001
Figure 6. Areas of Planned IT Investment in 2002 - Small Businesses/Organizations, Q4 2001
Figure 7. Number of Firms (in Thousands): Mining - US Business Market, 1996-2003
Figure 8. Number of Employees (in Thousands): Mining - US Business Market, 1996-2003
Figure 9. Number of Firms (in Thousands): Construction - US Business Market, 1996-2003
Figure 10. Number of Employees (in Thousands): Construction - US Business Market, 1996-2003
Figure 11. Number of Firms (in Thousands): Manufacturing - US Business Market, 1996-2003
Figure 12. Number of Employees (in Thousands): Manufacturing - US Business Market, 1996-2003
Figure 13. Number of Firms (in Thousands): TCU - US Business Market, 1996-2003
Figure 14. Number of Employees (in Thousands): TCU - US Business Market, 1996-2003
Figure 15. Number of Firms (in Thousands): Wholesale Trade - US Business Market, 1996-2003
Figure 16. Number of Employees (in Thousands): Wholesale Trade - US Business Market, 1996-2003
Figure 17. Number of Firms (in Thousands): Retail Trade - US Business Market, 1996-2003
Figure 18. Number of Employees (in Thousands): Retail Trade - US Business Market, 1996-2003
Figure 19. Number of Firms (in Thousands): FIRE - US Business Market, 1996-2003
Figure 20. Number of Employees (in Thousands): FIRE - US Business Market, 1996-2003
Figure 21. Number of Firms (in Thousands): Services - US Business Market, 1996-2003
Figure 22. Number of Employees (in Thousands): Services - US Business Market, 1996-2

Abstract

This report provides market statistics on the number of firms, establishments, and employees in the small business market by both the size of business and vertical industry perspectives. The research also provides data on the primary work environments of employees in this market, including the number of telecommuters, internet-accessing telecommuters, remote branch offices and employees. Detailed five-year forecasts are included for all small business demographics, as well as a discussion of current market trends. Small businesses and organizations have been among the most adversely affected in the recent economic downturn, experiencing significant declines in both the number of firms and employees in 2001. However, with a recovery seemingly under way, however slowly, the number of small business market firms and employees is expected to grow in the current year.

In-Stat/MDR estimates there will be roughly 2.3 million small businesses and organizations in operation by year's end, up from 2.2 million in 2001. Employment suffered much less than the number of firms. In-Stat/MDR estimates that businesses and organizations with 5 to 99 employees will provide jobs to nearly 38 million workers this year. By 2006, the number of firms and organizations is expected to rise to 2.7 million, and the market is projected to employ roughly 42 million workers.

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