Good data to help guide public policy has been lacking says a report issued by the Office of Advocacy of the SBA. This is alarming given the major part that entrepreneurship plays in today’s economy.
“Traditionally, business data has focused on large manufacturers and agriculture,” said Dr. Chad Moutray, Chief Economist for the Office of Advocacy. “However, our changing economy is finally being mirrored in data collection and that means more emphasis on small business. This is a good first step, but as the study shows, more needs to be done to more fully understand small business and the economy.”
True, as long as this does not mean more government bureaucracy meddling in private enterprise.
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