SMB Statistics

Small business numbers for every state.

Compare where businesses are being filed, hiring, borrowing, earning revenue, facing bankruptcy, and winning federal work.

States

State small business statistics

Choose a state to compare new filings with its employer base, wages, SBA lending, proprietor receipts, bankruptcy cases, and federal contract awards.

Ranking system

2025 Formation Reality Score

A registered-agent address can place an application in one state even when the business operates elsewhere. The score starts with projected employer formations and applies penalties for filing patterns dominated by entity-formation activity.

Wyoming and Delaware still rank high for filing activity. The score discounts raw EIN volume when registration patterns are disconnected from local employer activity.

Reading the numbers

A filing is the first step

Applications capture intent. Projected formations estimate which filings may become employers. QCEW counts establishments and jobs. SBA, IRS, court, and procurement records follow the money, receipts, financial strain, and federal demand.