January 8, 2018
By Bob Coleman
Editor, Main Street Monday
Main Street Monday — Sole Proprietor Income Up, Loan Defaults Down
Says SBA’s Office of Advocacy.
I love charts and stats, so enjoy!
Sole Proprietor’s Income
Proprietors’ income, the yields for running small businesses (excluding corporations), has steadily risen over the last 7 years.
Small Business Job Creation
Since 2014, Main Street has created 2 out of 3 net new jobs.
Small Business Loan Supply and Demand
Over the last few years, banks are reporting a slightly weaker demand for loans from small businesses while lending standards have become tighter according to bank responses.
Small Business Delinquency Index
The small business delinquency index was unchanged in the last quarter as small business balance sheets continued to strengthen.