Small Business Growth Strong in Wisconsin, Mountain Region

Strong small business employment growth in Wisconsin beats out Washington, taking over as the top performing state, while the Mountain regions holds onto the leads. Paychex CEO, Martin Mucci, explains to TheStreet’s Jill Malandrino even though the pace of small business growth slowed slightly, the Paychex HIS Small Business Jobs Index continues to show positive, long-term gains. Wisconsin was a surprise and could be due to some tax changes. Continued outperformance in the Mountain region and Texas metro markets are not a surprise, however, due to the concentration of energy jobs. New Jersey is near the bottom for all indicators and the massive job cuts in Atlantic City will add additional pressure. Mucci believes small business owners remain confident.