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WASHINGTON – Today, Members of the House Small Business Committee joined together to introduce a bipartisan House resolution recognizing the Saturday after Thanksgiving, November 24, 2018, as “Small Business Saturday.”
“Small Business Saturday is an incredible opportunity for communities to rally around the more than 30 million small businesses during the holiday season,” said Small Business Committee Chairman Steve Chabot (R-OH). “With two out of three net new jobs generated from small businesses, it’s vital we ensure they continue to grow. I encourage everyone to shop small on November 24th and support those who are working to achieve the American Dream.”
“Every year, Small Business Saturday gives consumers across the country a special opportunity to focus on the value of patronizing their local Main Street businesses,” said Rep. Nydia M. Velázquez (D-NY), Ranking Member, House Committee on Small Business. “From driving local economic growth to creating good jobs and spurring innovation, small businesses are the backbone of the American economy. I am glad to join Chairman Chabot and my fellow Committee members in a resolution recognizing November 24, 2018 as Small Business Saturday, especially as we continue to work across the aisle on legislation to support America’s 30 million small businesses.”
This resolution underscores the critical role small businesses play in our nation’s thriving economy. The over 30 million small businesses in the United States:
- Represent 99.9 percent of all businesses with employees
- Employ nearly 48 percent of private sector employees
- Pay 40.8 percent of the total payroll of private sector employees
- Constitute nearly 98 percent of firms exporting goods
- Have generated 1.9 million net new jobs
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