Best Industries and Regions fo...

May 20, 2013 by

Small businesses in the wholesale trades had higher earnings than did firms other non-manufacturing industries. In construction, heavy construction contracting and construction of buildings performed best, while firms in the Midwest and Northeast had the highest earnings.

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Despite Record Stocks, Economy...

May 1, 2013 by

The stock market continues to set new records, but it would be foolish to judge the state of the economy by what is happening on Wall Street. Key indicators reveal the economy is very sluggish and suggest the stock market's performance is out of sync with fundamentals.

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The Dual Economy: Helping a Fe...

Apr 29, 2013 by

The stock market continues to break new ground, but for the majority of Americans and in particular for small and minority business owner, this development has little meaning. Congress lifted the sequester regarding cut back on airport security, but it did nothing for low income Americans.

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To Reduce Black Unemployment, ...

Apr 17, 2013 by

Black Americans comprise 11.9% of the U.S workforce, but make up 20.2% of unemployed workers. Now that there are even fewer resources, unemployed blacks can forget about assistance from Washington. The sequester means blacks must develop non-governmental solutions.

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Slowing Economy Worries Small ...

Apr 9, 2013 by

Small-business pessimism is consistent with the declining number of new jobs created in March. Although the unemployment rate fell in March from 7.7% to 7.6%, the decline was caused largely by almost one-half million fewer workers participating in the labor market.

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Decline in SBA Loans to Blacks...

Apr 9, 2013 by

The SBA made a commitment to increase lending through the 7a Program as a way of offsetting credit market tightening caused by the recession. Since that time, guaranteed loans to black-owned businesses have declined by 47%, while loans to Asian businesses increased by 21%.

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Stagnant Jobs Growth is a Sobe...

Apr 8, 2013 by

The Labor Department's March jobs report was a bad outcome. The market expected 190,000 new jobs to be created. Instead, only 95,000 jobs were added. The stock market euphoria was premature as the economy must now deal with the real effects of sequester.

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