But datahouse Sageworks, which specializes in small-business intelligence, has been tracking small-company employment through the downturn. Their assessment: That recession in the mirror may be larger than it appears. Looking at revenue data from more than 25 million small businesses, Sageworks CEO Brian Hamilton finds that over the past two years, sales were down about 5 percent for the small-business sector -- and then down another 5 percent the following year, on top of that first decline.
To sum up: "It's bad," Hamilton says.
We're apparently drinking a lot -- beer, wine, and liquor stores are doing well.
Strangely, child care centers are still doing well, even though you'd think there are fewer people needing child care since more are unemployed. That one's a puzzle to me.
To sum up: "It's bad," Hamilton says.
We're apparently drinking a lot -- beer, wine, and liquor stores are doing well.
Strangely, child care centers are still doing well, even though you'd think there are fewer people needing child care since more are unemployed. That one's a puzzle to me.
