Illinois Small Business – By the Numbers

The U.S. Small Business Administration recently released the 2019 State Small Business Profiles. This is a snapshot of federal data tracking the economic growth and employment numbers in Illinois. You can see the full profile below, but as a few highlights:

  • There are 1.2 million small businesses in Illinois
  • Illinois small businesses employ 2.5 million people or 45.1% of the state’s private workforce
  • Firms employing fewer than 20 employees experienced the largest uptick in job creation