|Last Price||Today's Change||52-Week Range||Trading Volume|
|81.27||-0.55 (-0.67%)||55.54 - 82.40||1.7 million (Below Avg)|
Market data as of 3:59PM 03/11/14. Quotes are delayed by at least 15 min.
Compensation, Hours Worked Showed Slight Declines
The December data marked the second consecutive month of resumed job
growth, after the stall from May through October. Those are among the
findings of the monthly
“After no progress from May through October, small business employment
has now resumed its slow rise for the second month in a row,” said
“Small business employment continues to recover even more slowly than
overall employment. The recovery for non-farm payroll employment is just
under 6 percent from the trough in
Slight Declines in Hours Worked, Compensation
Hourly employees worked an average of 107.2 hours in December, which is a 12-minute decrease from November’s figure of 107.4 hours, making for a 24.7-hour work week.
Average monthly pay for small business employees fell to
“The hourly wage for hourly small business employees nudged up
Strong Geographic Small Business Employment Growth
Small business employment showed increases in nearly all of the 38
states tracked by Intuit’s Small Business Employment Index. Only six
states showed employment declines, while two remained flat.
By census division, the East North Central region, which includes
Small Business Revenues Continue to Decline
The November revenue index showed overall small business revenue decreased 0.19 percent, on a per-business basis. Per sector, all industries saw revenue decline except for the construction sector and the ‘other services’ sector, the latter of which covers non-professional services.
The real estate services industry showed the largest decline at 0.6 percent. The professional services industry followed, dropping by 0.5 percent. The construction industry showed the larger increase of 0.6 percent, while other services grew 0.2 percent.
This index is based on data from QuickBooks
Online, covering the period from
About The Intuit Small Business Indexes
The Intuit Small Business Indexes provide unique, near real-time
information each month on the activity of the smallest businesses in the
U.S. in terms of revenue, hiring and compensation trends. The Employment
Index is based on anonymized, non-identifiable aggregated data from
approximately 200,000 small business employers, a subset of users that
use Intuit Online Payroll and QuickBooks
Online Payroll. The Revenue Index is based on anonymized,
non-identifiable aggregated data from approximately 150,000 small
businesses, a subset of users that use Intuit’s QuickBooks
financial management offering
and are matched in
Its flagship products and services include QuickBooks®, Quicken® and TurboTax®, which make it easier to manage small businesses and payroll processing, personal finance, and tax preparation and filing. Mint.com provides a fresh, easy and intelligent way for people to manage their money, while Demandforce® offers marketing and communication tools for small businesses. ProSeries® and Lacerte® are Intuit's leading tax preparation offerings for professional accountants.
Founded in 1983, Intuit had revenue of
Intuit and the Intuit logo, among others, are registered trademarks
and/or registered service marks of
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