United States: SMEs the backbone of the economy?
Focus United States - Fall 2012
SMEs the backbone of the economy?
When public sector job creation runs out of steam, eyes turn to the private sector, which alone seems able to offer a solid basis for recovery in the months to come through investment and the hiring of workers.
This article focuses on SMEs, and poses several questions:
What actually are the SMEs and in which sectors are they present? Has the 2009 crisis had any after-effects? Can SMEs play a role in recovery in the short-term? And sustain the economy in the medium term?
The answers to these questions are crucial since half of American jobs are in SMEs.
- SMEs the backbone of the economy?
- How will SMEs get through the crisis?
- Exports: Obama administration targets SMEs
- American regional banks: their difficulties have repercussions on the credit offered to SMEs