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18/10/2012
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United States: SME's the backbone of the economy?

United States: SME's the backbone of the economy?
Focus United States - AUTUMN 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.

 

Summary

  • 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
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