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Recession claimed 170,000 small businesses in two years

Invisible Man
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United States
07/26/2012 03:33 AM
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Recession claimed 170,000 small businesses in two years
The nation lost more than 170,000 small businesses during the first two years of the recession, according to an On Numbers analysis of newly released federal data.

A total of 6.79 million small businesses operated within the nation's 938 metropolitan and micropolitan areas in 2010, the latest year for which official statistics are available.

That figure was down from 6.82 million small businesses in 2009 and 6.96 million in 2008. The recession officially began in December 2007.

[link to www.bizjournals.com]

Wait until Obamacare kicks in. I bet these stats quadruple.