High Growth Recession Data
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High Growth Recession Data

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This is a chart of high-growth small businesses during the 2001 - 2003 recession in the United States. ...

This is a chart of high-growth small businesses during the 2001 - 2003 recession in the United States.

The author of this chart is Scott Shane who can be found at: http://wsomfaculty.cwru.edu/shane/

The full article to which this chart is associated can be found online at:

http://www.smallbiztrends.com/2008/12/recession-proof-small-businesses.html/

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High Growth Recession Data High Growth Recession Data Document Transcript

  • High Growth Industries During the 2001-2003 Recession, United States Change in Change Change Change in Change Number of Change in NAICS in of Payroll Industry Name Number of in Employees Number of Code Number at Small Employees Payroll at Small Small Est. of Est. Firms Firms 113110 Timber Tract Operations 65.30% 67.10% 32.40% 104.90% 98.50% 35.90% Support Activities for 115210 Animal Production 21.60% 29.80% 26.20% 90.40% 86.10% 26.20% 213111 Drilling Oil and Gas Wells 24.10% 29.60% 26.20% 30.30% 32.60% 25.50% Support Activities for Nonmetallic Minerals 213115 (except Fuels) Mining 75.50% 92.50% 100.70% 90.00% 96.70% 108.80% Roasted Nuts and Peanut 311991 Butter Manufacturing 37.50% 46.70% 34.50% 52.40% 132.10% 34.40% Bottled Water 312112 Manufacturing 20.40% 29.10% 39.80% 43.10% 51.40% 59.80% 323115 Digital Printing 245.40% 275.20% 162.90% 170.10% 192.20% 155.70% Plastics Packaging Film and Sheet (including 326112 Laminated) Manufacturing 54.10% 59.20% 73.80% 594.40% 945.70% 83.30% Cut Stone and Stone 327991 Product Manufacturing 43.60% 55.10% 43.10% 67.70% 84.00% 42.10% Custom Architectural Woodwork and Millwork 337212 Manufacturing 33.90% 43.80% 50.00% 59.90% 68.80% 59.00% All Other Miscellaneous 339999 Manufacturing 29.10% 46.50% 61.10% 204.40% 231.80% 62.40% Other Direct Selling 454390 Establishments 24.10% 36.50% 45.20% 54.30% 51.10% 48.20% Bus and Other Motor 485113 Vehicle Transit Systems 43.60% 41.10% 71.10% 231.40% 247.90% 80.30% Other Support Activities 488190 for Air Transportation 40.80% 60.90% 36.50% 41.40% 61.70% 37.00% General Warehousing and 493110 Storage 371.40% 434.60% 88.90% 84.90% 114.50% 56.40%
  • Farm Product 493130 Warehousing and Storage 81.30% 130.10% 29.10% 105.30% 161.10% 22.50% Other Warehousing and 493190 Storage 365.80% 345.70% 86.00% 290.00% 362.50% 64.90% International Trade 522293 Financing 30.80% 80.30% 43.20% 94.40% 68.50% 49.20% Secondary Market 522294 Financing 35.10% 37.70% 24.20% 33.40% 68.50% 20.90% Mortgage and Nonmortgage Loan 522310 Brokers 96.60% 187.60% 74.40% 79.30% 171.30% 72.20% Financial Transactions Processing, Reserve, and 522320 Clearinghouse Activities 63.40% 69.20% 98.60% 94.50% 88.50% 99.70% Commodity Contracts 523130 Dealing 51.30% 86.70% 48.80% 33.40% 33.80% 48.10% Miscellaneous Financial 523999 Investment Activities 86.90% 57.40% 37.30% 103.70% 40.60% 46.00% Direct Health and Medical 524114 Insurance Carriers 40.70% 68.50% 33.30% 36.30% 61.30% 40.30% Direct Title Insurance 524127 Carriers 57.20% 96.10% 58.50% 64.30% 109.20% 60.50% Other Direct Insurance (except Life, Health, and 524128 Medical) Carriers 159.30% 135.30% 121.60% 43.80% 44.70% 125.30% 524130 Reinsurance Carriers 75.60% 94.00% 44.00% 59.70% 62.50% 42.70% 525990 Other Financial Vehicles 26.70% 25.70% 44.30% 224.60% 382.20% 43.40% Consumer Electronics 532210 and Appliances Rental 36.60% 53.70% 59.40% 64.50% 92.60% 63.00% 541214 Payroll Services 25.60% 35.10% 35.00% 45.70% 67.00% 32.70% Computer Facilities 541513 Management Services 85.80% 96.40% 170.90% 88.70% 76.40% 195.70% Process, Physical Distribution, and Logistics 541614 Consulting Services 67.90% 64.10% 67.80% 70.90% 49.90% 69.80% Other Services to 561790 Buildings and Dwellings 69.90% 74.50% 52.00% 50.40% 59.50% 51.30%
  • Hazardous Waste 562211 Treatment and Disposal 39.30% 53.60% 36.40% 89.80% 114.40% 47.50% All Other Miscellaneous Waste Management 562998 Services 205.60% 177.50% 224.20% 264.50% 250.20% 210.20% Sports and Recreation 611620 Instruction 42.70% 31.50% 33.60% 33.50% 38.30% 32.80% Exam Preparation and 611691 Tutoring 44.40% 35.50% 51.00% 54.80% 42.60% 52.60% Educational Support 611710 Service 28.30% 26.10% 28.70% 22.20% 20.40% 29.30% Offices of Physical, Occupational and Speech Therapists, and 621340 Audiologists 44.00% 57.10% 41.40% 36.00% 49.80% 41.70% Freestanding Ambulatory Surgical and Emergency 621493 Centers 45.50% 46.80% 39.60% 28.00% 23.60% 34.20% All Other Miscellaneous Ambulatory Health Care 621999 Services 84.80% 116.30% 101.00% 38.60% 64.90% 110.00% Residential Mental 623210 Retardation Facilities 35.70% 41.20% 41.60% 59.70% 72.10% 44.40% Promoters of Performing Arts, Sports, and Similar 711310 Events with Facilities 65.60% 67.00% 72.90% 616.80% 341.90% 73.40% 722212 Cafeterias 84.20% 74.00% 51.90% 26.90% 35.50% 37.30% Pet Care (except 812910 Veterinary) Services 36.00% 48.00% 21.70% 31.70% 39.30% 21.10% 813211 Grantmaking Foundations 31.90% 50.80% 28.10% 31.10% 51.00% 28.00% Source: Author's calculations from County Business Patterns, U.S. Census, http://www.census.gov/epcd/cbp/index.html © Chart Copyright 2008, Scott Shane http://wsomfaculty.cwru.edu/shane/