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Small Businesses’ Effect on the U.S. Economy

The importance of small business to job creation and to the U.S. economy has been the focus of economists and policy makers alike for several decades. But defining or measuring what constitutes or defines a small business is quite challenging, and there is no universal agreement on the definition.  However, improved access to additional data allows for a more comprehensive look at the importance of small business.

To read the rest of this article from the National Retail Federation, click here.

About Liz Lichtenberger

Liz is the special projects editor for Hardware Retailing magazine. She reports on news and trends, visits retailers, and attends industry events. She graduated from Xavier University, where she earned a degree in English and Spanish and was a member of the swim team. Liz is a Louisville, Kentucky, native who lives in Indianapolis with her husband and two children. She enjoys swimming, reading, doing home improvement projects around her house and cheering on her two favorite basketball teams, the Kentucky Wildcats and the Xavier Musketeers.

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