U.S. Small Business Economic Profile

• In the fourth quarter of 2019, the United States grew at an annual rate of 2.1%. The United States’ 2019 overall growth rate of 2.3% was down from the 2018 rate of 2.9%. (Source: BEA) • In April 2020, the unemployment rate was 14.7%, up from 3.6% in April 2019. (Source: CPS) Employment. Figure 1: United States Employment by Business Size ................
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