Small business continued to create Colorado’s new jobs during 2004.
The updated Colorado Small Business Profile, released today by the Office of Advocacy of the U.S. Small Business Administration, shows that small businesses added 25,400 net new jobs during the latest year studied.
“Small businesses are Colorado’s job-creating dynamo,” said Dr. Chad Moutray, chief economist for the Office of Advocacy. “They are the key to the state’s ability to increase gross state product, personal income, and total employment. Clearly, policymakers need to consider their impact on small business when they are making policy decisions.”
The updated profile also shows that: