This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Small Business Employment, Revenue Growing

NEW YORK (AP) â¿¿ Revenue and staffing are both growing at small businesses but have yet to get back to pre-recession levels, according to data released by business software provider Intuit Inc. on Wednesday.

The company's Small Business Revenue Index shows that retail, professional services, construction and real estate businesses saw revenue increases in April. Revenue was flat for employers in food service, health care and social services.

The Revenue Index is based on data from 170,000 small businesses.

The Small Business Employment Index showed a 0.2 percent rise in employment for the current month through May 23 compared with the month before. This is equal to about 40,000 jobs created, but that number is likely to change as Intuit recalibrates the index.

The Mountain and East South Central regions experienced the most employment growth during the month, with the Arizona, Colorado and Virginia experiencing the biggest gains.

The Employment Index is based on data from 78,000 small business employers.

"Both (indexes) indicate there is a recovery under way. We need growth at this level for two more years for small business employment to return to the level we saw in early 2007," Susan Woodward, an economist who worked with Intuit on the indexes, said in a statement.
Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,812.19 +19.51 0.11%
S&P 500 2,089.14 +2.55 0.12%
NASDAQ 5,102.8080 +0.33 0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs