Small Business Job Growth Points to Improving U.S. Economy

The Paychex | IHS Small Business Jobs Index grew 0.23% in the 12 months leading up to June. CEO Marty Mucci explains that Washington again lead the index among the states due to growth in tech and healthcare jobs, while Arizona continues to show strong improvement in small business employment growth. Dallas ranked as June's top performing metro area, surpassing San Francisco, Seattle, and Houston. Mucci says even though the national index growth rate decreased for a second straight month to 101.07, it remains near its record high, but the consistent growth in key regions, states, and metro areas is an encouraging sign. TheStreet's Jill Malandrino reports from New York.