The focus of this year’s report is viewing the future of the creative economy through an increasingly important lens: gaming technology. The video game industry has experienced explosive growth in recent years, and it is having an impact far beyond the gaming community in transformational ways. Gaming technology is foundational to the development of nearly all sectors, not just the creative ones, prompting both structural and operational shifts throughout the entire economy.
Archives: Resources
How Did Self-Care Industries Perform at Start of Pandemic?
According to the Census Bureau’s 2021 Service Annual Survey (SAS), while overall estimated Services Total revenue for employer firms decreased 1.7% from 2019 to 2020, estimated employer firm revenue for some of the service industries supporting self-care grew from 2019 to 2020.
Biden Economic Agenda 2021-23
President Biden made a series of concrete commitments to the American people about his plan for economic recovery and renewal. This blog post reviews those commitments and progress made in the two years since they were made.
Business Dynamics During COVID-19
Preliminary results suggest that small businesses helped soften the economic blow of COVID-19, and they may have helped the economy innovate and adapt. Further research on the relationships between performance, business applications, startup rates, and job quits during COVID-19 could shed light on the importance of small businesses in combating and recovering from economic crises.
SBA Advocacy Annual Report
Now, more than ever, it is important to focus on the need for strong connections between founders and the investors looking to support them, as reflected in the visual theme of this year’s annual report: building bridges. We call on Congress, the Commission, and our partners to support small businesses and their investors, with a particular focus on underrepresented founders and their investors.
Minority Business Ownership by Sector
There were more Hispanic-owned businesses overall and more minority-owned businesses in various sectors in 2020 than a decade earlier, according to the Census Bureau’s 2021 Annual Business Survey (ABS).
Listening to the Businesses of East LA
This report tracks results from the East LA Business Connector (EL ABC), an action research project that as of October 2022 has engaged over 650 local and small businesses in East Los Angeles to better understand and meet community needs. This is a continuing work of action research, with every hour of effort directed toward actually supporting local businesses, both by connecting them with resources in the short-term and by informing policy and practice to better support a business ecosystem that is thriving, dynamic, and inclusive.
Increase in Number of U.S. Black-Owned Businesses Between 2017 and 2019
The number of U.S. Black-owned businesses grew from 2017 to 2019 in all sectors of the U.S. economy, according to the U.S. Census Bureau’s Annual Business Survey (ABS). We reviewed business patterns among Black business owners, drawing on Census Bureau data since 2017. U.S. Census Bureau
Entrepreneurship in 2020: California Snapshot
Entrepreneurship is important for job creation, innovation, and the economy. This brief provides a snapshot of various indicators related to early-stage entrepreneurial activity in California. Kauffman
Economic Wellness: Meeting Families Where They Are
In our new report, we examine the barriers low-income, BIPOC communities face in the US banking system. Based on data from nearly 900 participants in Southern California, the report looks at access to affordable banking options, trust and confidence in the banking system, existing community outreach programs, and it offers policy recommendations. CRC