|Last Price||Today's Change||52-Week Range||Trading Volume|
|74.02||-0.37 (-0.50%)||55.54 - 82.40||824.3 thousand (Below Avg)|
Market data as of 2:11PM 04/24/14. Quotes are delayed by at least 15 min.
Compensation, Hours Worked Declined
“Businesses with 1 to 19 employees now employ 20.3 million people,” said
Slight Declines in Hours Worked, Compensation
Hourly employees worked an average of 107.4 hours in January, which is a 12-minute decrease from December’s figure of 107.2 hours, making for a 24.7-hour work week.
Average monthly pay for small business employees also dropped slightly,
Strong Regional Small Business Employment Growth
Small business employment increased in 24 of the 38 states tracked by
Intuit’s Small Business Employment Index. Ten states showed employment
declines, while four remained flat.
Small Business Employment results were mixed for the states in which Intuit Online Payroll and QuickBooks Online Payroll has more than 1,000 small business firms. The month-to-month changes are seasonally adjusted and informative about the overall economy.
Small Business Revenue Continues Decline
The December revenue index showed overall small business revenue decreased 0.5 percent on a per-business basis. Continuing the trend from December, all industries saw revenue decline except for the construction and “other services” sectors, the latter of which covers non-professional services.
The real estate services industry showed the largest decline at 1 percent. The retail industry followed, dropping by 0.8 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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