September Small Business Advocate

u s small business administration office of advocacy newsletter
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SMALL BUSINESS DISTRICT PROFILES

Advocacy released Congressional District Profiles as part of its state profile series, which provides snapshots of national, state, and congressional district small business statistics. The profiles show the impact of small employers in the 435 congressional districts and the District of Columbia.

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ADVOCACY FILES COMMENTS WITH EPA

On Sept. 12, Advocacy submitted comments on the Environmental Protection Agency’s proposed rule, “National Emission Standards for Hazardous Air Pollutants: Municipal Solid Waste Landfills Residual Risk and Technology Review. You can read the comment letter by clicking the link below.

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ADVOCACY SUBMITS COMMENTS TO CFPB

The Bureau of Consumer Financial Protection (CFPB) published a proposed rule on "Debt Collection (Regulation F)." On Sept. 19, Advocacy submitted comments highlighting concerns about the impact the proposal may have on small entities and encouraged the CFPB to take steps to mitigate that impact.

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REGULATORY CORNER

USTPO Requesting Comments On Patent Issues Related To Artificial Intelligence Inventions

On Aug. 27,  the U.S. Patent and Trademark Office published a notice requesting comments on patent issues related to artificial intelligence (AI) inventions. Comment deadline: Oct. 11, 2019.

FMCSA Proposes Changes To Hours Of Service Of Drivers Rules

The Federal Motor Carrier Safety Administration published a notice of proposed rulemaking seeking comment on possible revisions to its Hours of Service of Drivers  rules for commercial truck drivers. Comment deadline: Oct. 7, 2019.

USDA Solicits Applications For The Rural Energy For America Program For FY 2020

The Rural Business-Cooperative Service of the U.S. Department of Agriculture announced a notice of solicitation of applications for financial assistance under the Rural Energy for America Program (REAP) for fiscal year 2020. See notice for application deadline.

NMFS Seeks Comments On Proposed Rule To Revise Critical Habitat For The Southern Resident Killer Whale

The National Marine Fisheries Service published a proposed rule to revise the critical habitat designation for the southern resident killer whale. Comment deadline: Dec. 18, 2019.

AROUND THE COUNTRY

Maple Syrup Businesses in Vermont Dealing with Sticky Situations

While hosting a regulatory reform roundtable in Burlington, Vt., Advocacy staff stopped at Goodrich’s Maple Farm to learn about the process and hear about regulatory concerns affecting the industry.

Small Business Roundtable in Bangor, Maine, Focuses on Labor Force and Regulatory Issues

At a recent roundtable in Bangor, Maine, small businesses expressed concerns about their ability to attract and retain qualified workers, a common theme at many of Advocacy’s Regional Regulatory Reform Roundtables.

New Hampshire Businesses Express Regulatory Concerns

The Office of Advocacy recently held a Regional Roundtable in North Conway, N.H., to discuss regulatory burdens on businesses in the Granite State.

Albuquerque Small Business Leaders Discuss Their Regulatory Burdens

Small business leaders in Albuquerque, N.M. shared concerns with Advocacy during a small business regulatory forum.  Topping their list were out of touch regulators, conflicting regulations, and immigration.

 

SMALL BUSINESS SPOTLIGHT

Q: What percentage of net new jobs do small businesses create?

A: From 2000 to 2018, small business created 9.6 million net new jobs, while large business created 5.2 million. During this period, small business accounted for 64.9% of net new job creation.

Q: What is the role of small businesses in the economy? 

A: Small businesses comprise 99.9% of all firms, 97.5% of exporting firms, 33.3% of known export value, and 40.7% of the private-sector payroll.

Q: How many small businesses are in the United States? 

A: There are 30.7 million small businesses in the U.S. In comparison, there are only 19,699 large businesses.


Want To Learn More?

The Office of Advocacy’s publication, “Frequently Asked Questions About Small Business,” has been updated with the latest government statistics. View more Small Business FAQ's by clicking here.