BUSINESS IMPACT · AGRICULTURE, FORESTRY & FISHING Top States for Veteran-Owned Businesses Indust...

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Oce of Veterans Business Development * All data gathered from the U.S. Census Bureau's Survey of Business Owners (SBO) - Survey Results: 2012; https://www.census.gov/library/publications/2012/econ/2012- sbo.html 1 $1,141,055,180 2 Rounded from exact amounts as follows: Wholesale trade - $260,776,812; Retail trade - $222,158,370; Manufacturing - $140,716,703; Construction - $115,102,694 OVER 200,000 VETERANS, SERVICE MEMBERS AND MILITARY SPOUSES connect with the SBA’s Small Business Resources each year. Join the ranks today of the next great generation of Veteran business owners! Visit www.sba.gov/ovbd to learn more. Industry Revenue 2 Veteran-owned businesses are found across diverse industries with above- average representation in: FINANCE & INSURANCE TRANSPORTATION & WAREHOUSING CONSTRUCTION AGRICULTURE, FORESTRY & FISHING Top States for Veteran-Owned Businesses Industry Representation Top States for Veteran-Owned Businesses by Sales/Receipts VETERAN-OWNED BUSINESSES BOOST THE AMERICAN ECONOMY VETERAN-OWNED BUSINESSES GENERATE REVENUE AND JOBS Construction $260 Wholesale trade $222 Retail trade $140 Manufacturing $115 TX AK SC VA NH Highest Number of Veteran-Owned Businesses MS PA FL NY CA Highest Number of Veteran- Owned Businesses When the Effect of Population is Controlled Veteran-owned businesses generate over $100 billion in the following industries: TX TN MS NH NV PA FL SC NY CA Highest Number of Veteran- Owned Businesses Total Sales/Receipts Highest Number of Veteran-Owned Businesses Total Sales/Receipts When the Effect of Population is Controlled NEARLY 1 IN 10 businesses are veteran-owned meeting or surpassing the national average In the United States, 38 STATES with Veteran-owned businesses generate APPROXIMATELY $1.1 TRILLION of the nation’s total sales/receipts per year 1 Veteran-owned businesses hire 5.03 MILLION PEOPLE PER YEAR and have an annual payroll of Veteran-owned businesses account for MORE THAN 3.4% of the total sales/receipts in 28 out of 50 states $195 BILLION VETERAN-OWNED BUSINESS IMPACT

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Page 1: BUSINESS IMPACT · AGRICULTURE, FORESTRY & FISHING Top States for Veteran-Owned Businesses Indust ry Rep es ntation Top Stat es for Vet ran-Own d Businesses by Sales/Receipts VETERAN-OWNED

Office of Veterans Business Development

* All data gathered from the U.S. Census Bureau's Survey of Business Owners (SBO) - Survey Results: 2012; https://www.census.gov/library/publications/2012/econ/2012-sbo.html

1 $1,141,055,180 2 Rounded from exact amounts as follows: Wholesale trade - $260,776,812; Retail trade - $222,158,370; Manufacturing - $140,716,703; Construction - $115,102,694

OVER 200,000 VETERANS, SERVICE MEMBERS AND MILITARY SPOUSESconnect with the SBA’s Small Business Resources each year.

Join the ranks today of the next great generation of Veteran business owners!Visit www.sba.gov/ovbd to learn more.

Industry Revenue2

Veteran-owned businesses are found across diverse industries with above- average representation in:

FINANCE & INSURANCE

TRANSPORTATION & WAREHOUSING

CONSTRUCTION

AGRICULTURE,FORESTRY & FISHING

Top States for Veteran-Owned Businesses Industry Representation

Top States for Veteran-Owned Businesses by Sales/Receipts

VETERAN-OWNED BUSINESSESBOOST THE AMERICAN ECONOMY

VETERAN-OWNED BUSINESSESGENERATE REVENUE AND JOBS

Construction

$260 Wholesale trade

$222 Retail trade

$140 Manufacturing

$115

TX

AK

SC

VA

NH

Highest Numberof Veteran-OwnedBusinesses

MS

PA

FL

NYCA

Highest Number of Veteran-Owned Businesses When theEffect of Population is Controlled

Veteran-owned businesses generate over $100 billion in the following industries:

TX

TN

MS

NH

NV

PA

FL

SC

NYCA

Highest Number of Veteran-Owned Businesses Total Sales/Receipts

Highest Number of Veteran-Owned Businesses Total Sales/Receipts When the Effect of Population is Controlled

NEARLY 1 IN 10businesses are veteran-owned

meeting or surpassing the national average

In the United States,

38 STATESwith

Veteran-owned businesses generate

APPROXIMATELY $1.1 TRILLIONof the nation’s total sales/receipts per year1

Veteran-owned businesses hire

5.03 MILLIONPEOPLE PER YEARand have an annual payroll of

Veteran-owned businesses account for MORE THAN 3.4%of the total sales/receipts in 28 out of 50 states

$195 BILLION

VETERAN-OWNED

BUSINESS IMPACT