Massachusetts Small Business Facts

Massachusetts Small Business Facts
Massachusetts Small Business Facts
2010* 2009 2000
Number of Businesses
Small employers (<500 employees) 134,432 135,404 145,269
Large employers (500+ employees) 2,974 2,966 2,966
Nonemployers 472,534 471,437 410,481
Business Owner Demographics
Male-owned 335 997 202,004
Woman-owned 178 167 20,523
Equally male/female-owned 64 130 17,468
African American-owned 21 11 1,211
Asian-owned 27 49 5,906
Hispanic-owned 19 17 1,921
Native American/Alaskan-owned 2 1 170
Hawaiian/Pacific Islander-owned
Veteran-owned 69 185 41,861
Publicly held, unclassified 20 1,789 500,142
Source: U.S. Dept. of Commerce, Census Bureau, Bureau of Economic Analysis; U.S. Dept. of Labor, Bureau of Labor Statistics; Admin. Office of the U.S. Courts; Federal Deposit Insurance Corporation; and U.S. Small Business Admin., Office of Advocacy. * Latest available data. †Percentage point change. ‡Data are for CRA loans.