Download - SurePayroll March 2014 Small Business Scorecard

As the first economic indicator created by a payroll company, the SurePayroll Scorecard has provided a monthly look at national hiring and paycheck trends since October 2004. SurePayroll's Scorecard compiles data from small businesses nationwide, and exclusively reflects the trends affecting the nation's "micro businesses" — those with 1-10 employees. The average business reflected has 6 employees. The SurePayroll Small Business Scorecard - Main Street Matters infographic also includes data for SurePayroll's top 35 MSAs.

Contact Lori Bolas 847-676-8420 ext. 7248 [email protected]

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Main Street MattersSMALL BUSINESS SCORECARD®

MAR

-13

APR-

13

MAY

-13

JUN-

13

JUL-

13

AUG-

13

SEPT

-13

OCT-

13

NOV-

13

DEC-

13

JAN-

14

FEB-

14

MAR

-14

6.8%

6.7%

6.6%

6.5%

6.4%

6.3%

6.2%

6.1%

6.0%

5.9%

5.8%

5.7%

5.6%

5.5%

6.49%

6.74%

6.75%

Use of 1099s is generated from actual payroll data – paychecks issued to contractors and employees – from small businesses nationwide.

MONTH-OVER-MONTH

CHANGESIN SMALL BUSINESS HIRING & PAYCHECKS

YEAR-OVER-YEAR


ATLANTA

BOSTON

CHICAGO

CLEVELAND

COLUMBUS

DALLAS

DENVER

DETROIT

HOUSTON

LAS VEGAS

LOS ANGELES

MIAMI

MINNEAPOLIS

NASHVILLE

NEW YORK

NORFOLK

ORLANDO

PHILADELPHIA

PHOENIX

RALEIGH-DURHAM

RICHMOND

SAN DIEGO

SAN FRANCISCO

SEATTLE

TAMPA

WASHINGTON DC

0.4%

-0.3%

-0.3%

-0.4%

0.5%

-0.4%

0.9%

0.5%

-0.6%

0.5%

0.2%

0.4%

-0.6%

0.5%

-0.1%

-0.3%

-0.4%

0.2%

0.2%

0.7%

-0.1%

0.0%

-0.2%

0.0%

0.6%

-0.2%

-0.5%

-1.3%

-0.4%

-1.0%

-0.4%

-0.4%

-0.7%

0.8%

0.1%

-0.7%

-0.3%

-0.8%

-0.5%

-0.9%

-0.4%

0.0%

0.4%

-0.6%

-0.4%

-0.6%

0.2%

-0.7%

-0.7%

-0.1%

-0.6%

-0.2%

HiringIndex

PayPer Check

ATLANTA

BOSTON

CHICAGO

CLEVELAND

COLUMBUS

DALLAS

DENVER

DETROIT

HOUSTON

LAS VEGAS

LOS ANGELES

MIAMI

MINNEAPOLIS

NASHVILLE

NEW YORK

NORFOLK

ORLANDO

PHILADELPHIA

PHOENIX

RALEIGH-DURHAM

RICHMOND

SAN DIEGO

SAN FRANCISCO

SEATTLE

TAMPA

WASHINGTON DC

4.5%

-8.8%

-2.0%

0.4%

-2.0%

0.9%

-1.3%

1.0%

-2.2%

-4.9%

-1.7%

9.5%

-3.2%

0.6%

-3.6%

2.2%

-3.9%

-5.5%

1.2%

9.6%

-0.8%

-1.2%

-1.8%

-7.2%

1.1%

-0.7%

-1.8%

-4.1%

0.5%

-3.1%

0.5%

9.1%

-8.9%

10.2%

1.7%

-3.1%

-2.0%

-6.0%

-2.2%

1.6%

-0.8%

-5.7%

-0.2%

2.2%

-1.7%

-5.0%

-8.8%

-6.1%

0.6%

-2.8%

1.1%

-4.0%

HiringIndex

PayPer Check

Despite concerns over health care and growth, small business owners are seeing positives ahead. Three times as many think business will be better this year than last after the first quarter. A third see a more stable economy as reason to raise their expectations for 2014. While the absolute hiring numbers are not on the rise yet, small business owners often react based on their instincts and confidence in the future.

More on the Small Business Landscape 87%

of small business owners surveyed expect the first quarter results to be the same or better than last year’s.

Optimism OutlookTHE SMALL BUSINESS

Sept 2013 Dec 2013June 2013 Mar 2014

70%59%

73% 69%

REGIONAL HIRING MAP REGIONAL HIRING MAP

HiringIndex

PayPer Check

HiringIndex

PayPer Check

NATIONWIDE

MIDWEST

NORTHEAST

SOUTH

WEST

-0.6%

-1.5%

-2.9%

2.2%

-1.6%

-1.1%

0.5%

-2.8%

-0.4%

-1.4%

NATIONWIDE

MIDWEST

NORTHEAST

SOUTH

WEST

-0.1%

-0.2%

-0.4%

0.2%

0.1%

-0.3%

-0.3%

-0.4%

-0.1%

-0.5%

MONTH-OVER-MONTH


YEAR-OVER-YEAR


MARCH 2014

NATIONAL HIRING AND SALARY INDICES

METRO-BASED HIRING AND SALARY INDICES

REGIONAL HIRING AND SALARY INDICES

Main Street Matters

SUREPAYROLL SMALL BUSINESS SCORECARD®

NATIONAL AND REGIONAL DATA

NATIONWIDE % OF 1099s

METRO AREA