We now know more about American entrepreneurs than ever before, thanks to a major public-private partnership among the U.S. Census Bureau, the Kauffman Foundation and the Minority Business Development Agency. The Annual Survey of Entrepreneurs will supplement the Survey of Business Owners (SBO), conducted every five years.
The Annual Survey of Entrepreneurs provides a timely, more frequent socio-economic portrait of the nation’s employer businesses by gender, ethnicity, race and veteran status. It includes a relevant topic not found in the SBO: the number of years a firm has been in business. It also includes extensive geographical coverage, with data at the national level, all fifty states, and the fifty largest metropolitan areas in the country.
The second Annual Survey of Entrepreneurs data were released July 13, 2017, covering the year of 2015. Key takeaways include:
Each year’s release of the Annual Survey of Entrepreneurs will contain a module focusing on different topics. The 2015 survey highlights management practices. Respondents were asked a series of questions about worker types and types of tasks performed by each worker type included in the 2015 Annual Survey of Entrepreneurs’ worksheet.
The newly released Annual Survey of Entrepreneurs statistics are not directly comparable to the Survey of Business Owners due to significant changes in methodologies.
For more information about the survey, including design, methodology and data limitations, see www.census.gov/programs-surveys/ase.html.