December 2012 SurePayroll Small Business Scorecard

December 2012 SurePayroll Small Business Scorecard

Bank lending to small businesses has returned to where it was at before the financial collapse of 2008, according to the Thomson Reuters/PayNet Small Business Lending Index. The index rose to 108.3 in November 2012, after being at nearly 105 in June of 2008, and all the way down to its 14-month low of 94.1 in September ((100 on the index equals the rate of lending at the start of 2005). Still, it’s off significantly from its high in 2006 of more than 130. (Additional Source: CBS News)

A recent SurePayroll Small Business Scorecard survey found that 82 percent of small business owners did not seek lending in 2012. Of those that did, only 32 percent had trouble securing lending.

SurePayroll CEO and President Michael Alter wrote in his recent blog on Lendio.com that the biggest issue for small businesses may no longer being securing lending, but finding the demand to justify it.

For more on the small business economy, hiring, average paycheck size and small business owners’ optimism read our December SurePayroll Small Business Scorecard:

December 2012 Small Business Scorecard

December 2012 National Small Business Trends

December month-over-month hiring was down 0.1 percent while paychecks were up 0.1 percent. Year-over-year, hiring is down 1.3 percent and paychecks are down 1.0 percent.

SurePayroll Hiring Index SurePayroll Pay Index
December ’12 11,576 938
November ’12 11,584 937
October ’12 11,601 937
September ’12 11,608 939
August ’12 11,629 939
July ’12 11,640 941
June ’12 11,644 942
May ’12 11,668 941
April ’12 11,675 942
March ’12 11,687 945
February ’12 11,711 945
January ’12 11,707 947
December ’11 11,727 947

 

December 2012 Regional Small Business Trends

December’s month-over-month regional outlook shows hiring down across the Midwest, Northeast and West, and up 0.3 percent in the South. Paychecks were up in the Midwest (0.2 percent) and West (0.2 percent), and down or flat across the rest of the country.

Midwest Results

SurePayroll Hiring Index SurePayroll Pay Index
December ’12 10,951 938
November ’12 10,960 936
October ’12 10,976 933
September ’12 10,992 931
August ’12 11,023 926
July ’12 11,044 921
June ’12 11,056 919
May ’12 11,089 915
April ’12 11,098 914
March ’12 11,117 917
February ’12 11,142 918
January ’12 11,138 920
December ’11 11,161 922

Northeast Results

SurePayroll Hiring Index SurePayroll Pay Index
December ’12 11,771 923
November ’12 11,809 924
October ’12 11,842 927
September ’12 11,872 932
August ’12 11,892 935
July ’12 11,910 940
June ’12 11,914 945
May ’12 11,935 946
April ’12 11,938 951
March ’12 11,950 956
February ’12 11,977 958
January ’12 11,976 963
December ’11 12,003 966

South Results

SurePayroll Hiring Index SurePayroll Pay Index
December ’12 12,304 948
November ’12 12,269 949
October ’12 12,257 948
September ’12 12,223 949
August ’12 12,220 948
July ’12 12,195 955
June ’12 12,169 956
May ’12 12,170 954
April ’12 12,150 954
March ’12 12,134 956
February ’12 12,137 954
January ’12 12,099 956
December ’11 12,093 953

West Results

SurePayroll Hiring Index SurePayroll Pay Index
December ’12 10,077 1,124
November ’12 10,115 1,122
October ’12 10,155 1,122
September ’12 10,189 1,125
August ’12 10,233 1,126
July ’12 10,274 1,126
June ’12 10,310 1,129
May ’12 10,360 1,128
April ’12 10,407 1,128
March ’12 10,450 1,129
February ’12 10,495 1,128
January ’12 10,534 1,128
December ’11 10,581 1,128

Authored by: SurePayroll

SurePayroll provides online payroll services for small businesses across the nation. SurePayroll files and pays your taxes while you can focus on your business.

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