Research >> Economics
Paychex-IHS Small Business Jobs Index rose to 100.84 in February
The Paychex IHS Small Business Jobs Index grew 0.19 percent in February to 100.84. Advancing for the second consecutive month, small business employment regained the steam lost during the fall and early winter and is again growing near the same pace recorded at the end of summer 2014. Year over year, however, the national index declined 0.31 percent. The West North Central region continues to be the top-performing regional index. Despite the largest decline from January to February, 0.68 percent, Indiana remains the top-ranked state index. Meanwhile, Dallas posted its fifth consecutive month in the top spot among metro areas.
Small business job gains have accelerated in the New Year as the U.S. economy continues to improve.
Small businesses are off to a solid start in 2015 when it comes to job growth. While it's still early in the year, the first two months have seen consistent positive improvement.
Posted: March 3, 2015 Tuesday 08:30 AM