The data represented by the SBEI
is derived from a segment of employers not completely accounted for by the ADP and Federal BLS employment reports.
Although the actual SBEI
metric shows a decline of 0.
Editor's notes: (1) The SBEI
illustration is licensed under a Creative Commons Attribution-NoDerivs 3.
Philip Noftsinger, business unit president for CBIZ Payroll Services, offered, "The April CBIZ SBEI
shows no material gain in employment.
What-to-watch: Sustained gains will be important for future growth, so look to April and May to continue the present trend within the SBEI
is focused on this part of our economy and is a critical component to understanding economic activity in this small private sector.
A plan for growth: According to the first CBIZ Small Business Market Survey, a survey offered to the companies involved in the SBEI
, almost 28 percent are looking to deploy growth strategies in the coming year, focused primarily on marketing and e-commerce.
SBE is a publicly-held company on the Nasdaq stock exchange under the symbol SBEI