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.