|Last Price||Today's Change||52-Week Range||Trading Volume|
|82.59||0.56 (+0.68%)||61.50 - 83.09||1.6 million (Above Avg)|
Market data as of 3:59PM 07/24/14. Quotes are delayed by at least 15 min.
Hours Worked Remained Flat, Compensation Rose; Revenue Continued to Decline in March
“This month’s employment increase comes after three successive months
with little-to-no small business employment growth. In fact, it’s the
fastest rate we’ve seen over the past year,” said
“The hiring rate remains low, and has hardly budged from the low rate to which it fell in April of 2009. Job turnover in the entire economy, not just small business, remains below the levels seen before the beginning of the recession.”
Hours Worked Essentially Flat, Compensation Rises
Hourly small business employees worked an average of 108.6 hours in April, essentially the same as in March. The 0.05 percent decline equates to a three-minute decrease, translating to a 25.1-hour work week.
Average monthly pay for small business employees increased slightly,
Geographic Growth Uniform
The April increase in small business hiring, though small, was nearly
uniform across the nation; only
Small Business Employment results were mostly positive 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 Declines Continue
The March Revenue Index showed small business revenue decreased 0.7 percent on a per-business basis. In March, only businesses in the professional services category registered revenue gains, while the others reported declines.
The real estate services industry showed the largest revenue decline at 1.2 percent, followed by the retail and health care services sectors, both dropping 0.5 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
Intuit CEO to Discuss Importance of Small Business Financing with President Obama
07/11/2014 10:00 AM ET
Small Business Employment Shows Fourth Consecutive Month of Job Growth
07/01/2014 8:35 AM ET