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Office of Advocacy What's New
On March 5, 2010 the Office of Advocacy sent a letter to Federal Communications Commission (FCC) asking that the agency, as part of its developing the National Broadband Plan, look into the possibility of redefining/revising, in conjunction with the U.S. Small Business Administration, the telecommunication services size standards to better reflect current market conditions.
The March Small Business Advocate
The March 2010 edition of The Small Business Advocate features the new Advocacy report, “An Analysis of Small Business and Jobs.” It also reports on a comment letter to the Transportation Security Administration (TSA).
On February 24, 2010, as part of its small business outreach, the United States Food and Drug Administration (FDA) posted on its web page its semi-annual regulatory plan for small busniess. The document contains a listing of 41 regulations that are expected to impact small businesses, and 26 regulations that are expected to have an undetermined impact on small entities. The FDA is seeking input/comment from small businesses likely affected by the rulemakings listed.
Regululatory Alerts Item - Women-Owned Small Business Federal Contract Program
The Small Business Administration (SBA) proposes the Women-Owned Small Business Federal Contract Program to help ensure a level playing field for women-owned small businesses (WOSBs) to compete for federal contracting opportunities. This Proposed Rule identifies the eligible industries under the Program as those industries in which WOSBs are underrepresented or substantially underrepresented using either the numbers or the dollars approach. Submit comments by May 3, 2010.
Analysis of Small Business and Jobs
Over a recent 15-year period, small businesses created some 65 percent of the net new jobs in the private sector, according to conservative estimates cited in a new report, Analysis of Small Business and Jobs, from the SBA Office of Advocacy.
Where Do Jobs Come From? New Analysis of Job Gains and Losses from the Office of Advocacy
Over a recent 15-year period, small businesses created some 65 percent of the net new jobs in the private sector, according to conservative estimates cited in a new report, Analysis of Small Business and Jobs, from the SBA Office of Advocacy.
On February 19, 2010, the U.S. Small Business Administration’s Office of Advocacy (Advocacy) submitted comments to the Transportation Security Administration (TSA) on TSA’s Proposed Aircraft Repair Station Security Rule. Advocacy recommended that TSA clarify several provisions and consider alternatives that would make the proposed rule less costly to small business.
The U.S. economy rebounded in the fourth quarter of 2009, with real GDP growing by an annualized 5.7 percent. Overall economic trends for small business owners can be found in the latest version of the Quarterly Indicators.
FY 2009 Annual Report on the Regulatory Flexibility Act.
Small businesses realized $7 billion in first-year cost savings and $745 million in annually recurring savings as a result of fiscal year (FY) 2009 efforts to help agencies comply with the Regulatory Flexibility Act (RFA). The law requires agencies to review the economic impacts of proposed regulations on small entities and consider less burdensome alternatives. The figures are reported in the FY 2009 edition of the Office of Advocacy’s annual Report on the Regulatory Flexibility Act.
Income and Wealth: How Did Households Owning Small Businesses Fare from 1998 to 2007?
The study, Income and Wealth: How Did Households Owning Small Businesses Fare from 1998 to 2007?, updates previous reports prepared for the Office of Advocacy on the income and wealth of U.S. households that owned (or did not own) small businesses over various economic periods.
Despite more recent numbers showing improvement in the U.S. economy, the economic picture for small firms at the end of 2008 offered few bright spots, according to the 2009 edition of The Small Business Economy released by the U.S. Small Business Administration’s Office of Advocacy. Small businesses in most industries, especially in the construction industry hard hit by the housing market downturn, saw declines in employment. Along with declining sales, most small businesses faced a less accommodating credit market, especially in the second half of 2008.
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