Arizona Small Businesses: Five Fast Facts

March 7, 2024

Delaney Sexton
Contributing Editor

Arizona Small Businesses: Five Fast Facts

650,151 small businesses employ 42.2% of all Arizona employees.
Small businesses contributed 98,128 new jobs from March 2021 to March 2022.
New loans of $1 million or less to businesses totaled $5.8 billion.
The two biggest small business industries are Professional, Scientific, & Technical Services and Real Estate & Rental & Leasing.
86.6% of Arizona exporters were small businesses, and small businesses exported $6.1 billion in goods in 2021.