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Non-public firms lost a crushing twenty-percent market share during the last decade
WASHINGTON, DC/September 27, 2010 -- Today, the U.S. Women’s Chamber of Commerce™ (www.uswcc.org) released an important report, “Small Businesses Cannot Afford to Go Back to the Policies of the Last Decade” to bring a clear business outcomes assessment to the debate over small business political leadership. A key finding within the report is an analysis of recent U.S. Census data that finds smaller non-public firms lost a crushing twenty-percent market share during the last decade.
The U.S. Women's Chamber of Commerce report includes statistical information from recently released U.S. Census data that confirms the business growth disparities between large public and smaller non-public firms grew dramatically under the watch of the predominantly Republican controlled Congress and White House. During the period 1997 – 2007, while the percentage of large public firm gross revenues grew 16%, the percentage of smaller non-public firms’ gross revenues shrunk 20%.