"There is no shortage of good ideas - only a shortage of good men capable of executing on them" - Greg Watson

Economics

January 13, 2008

US Entrepreneurship is the Third Largest Global Economy

US Entrepreneurship and small business represent the third largest global economy.  Today, small businesses with 500 or fewer employees employ more than 50% of the all employees and produce approximately one-half of the total private non-farm GDP.

If we were to compare the size of the small business economy with the rest of the world, the US entrepreneurship and small business economy would rank third in the world behind the US medium and large business economy and Japan.

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