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FRED Adds Small Business Ownership Data

These 3,142 county-level┬áseries represent how many people in a county’s workforce own a small business. The data comes from the U.S. Census Bureau’s American Community Survey and County Business Patterns. Each series is constructed by taking the number of small businesses per county from the Census Bureau’s County Business Patterns and dividing it by the respective county’s labor force participation rate.

Posted in FRED Announcements

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