1-Month PerformanceHighlighting the best and worst short-term performance, below is a one-month analysis of the index percent change for all nine U.S. regions, the 20 largest states and metro areas based on U.S. population, and eight major industry sectors.

12-Month TrendCalling out the best and worst long-term trends, below is a 12-Month analysis of the index percent change for all nine U.S. regions, the 20 largest states and metro areas based on U.S. population, and eight major industry sectors.

Small businesses play a pivotal role in the U.S. economy, accounting for nearly 95 percent of employers. They are a vital source of entrepreneurship and innovation. The Paychex | IHS Small Business Jobs Index tracks small business employment trends by measuring aggregated payroll data from the Paychex client base, and provides timely, accurate insight into national, regional, state, metro and insight into national, regional, state, metro and industry employment activity.

100.38-0.04%

Paychex, Inc. (NASDAQ: PAYX) is a leading provider of integrated human capital management solutions for payroll, HR, retirement, and insurance services. By combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. Backed by 45 years of industry expertise, Paychex serves approximately 605,000 payroll clients expertise, Paychex serves approximately 605,000 payroll clients across more than 100 locations and pays one out of every 12 American private sector employees.

2016 Paychex, Inc. All Rights Reserved.

+2.96%

BALTIMORE

+2.45%

ATLANTA

+2.26%

MINNEAPOLIS

+2.86%

VIRGINIA

+2.59%

TENNESSEE

+2.31%

GEORGIA

+3.42%

EAST SOUTH CENTRAL

-4.30%

DALLAS

-3.62%

HOUSTON

-2.28%

RIVERSIDE, CA

-3.55%

TEXAS

-1.85%

ARIZONA

-1.56%

ILLINOIS

-2.86%

WEST SOUTH CENTRAL

-1.01%

SEATTLE

-0.70%

RIVERSIDE, CA

-0.64%

SAN FRANCISCO

-0.92%

WASHINGTON

-0.60%

ARIZONA

-0.48%

TEXAS

-0.84%

WEST SOUTH CENTRAL

+0.74%

MINNEAPOLIS

+0.68%

ATLANTA

+0.38%

TAMPA BAY

+1.10%

TENNESSEE

+0.83%

INDIANA

+0.72%

GEORGIA

+1.40%

EAST SOUTH CENTRAL

-0.31%3-Month National Trend

The national index has declined for three straight months, from 100.70 to 100.38 in November.

12-MONTH CHANGE

BY INDUSTRYBY INDUSTRY

-0.17%

CONSTRUCTION

BY INDUSTRYBY INDUSTRY

+0.20%

LEISURE AND HOSPITALITY

BY INDUSTRYBY INDUSTRY

+0.61%

LEISURE AND HOSPITALITY

BY INDUSTRYBY INDUSTRY

-1.52%

MANUFACTURING

IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and expertise to forge solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and govern-ment customers, including 85 percent of the Fortune Global 500 and the ment customers, including 85 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.

IHS Markit is a registered trademark of IHS Markit Ltd. All other company and product names may be trademarks of their respective owners © 2016 IHS Markit Ltd. All rights reserved.