Who's Having The Best 2011

WHO'S HAVINGA THE BEST 2011 For small businesses in the U.S., 2011 has been a mixed bag on average. Profit margins are up along with profits. However, businesses have been cutting back spending and income overall is down. INCOME Greatest Increases Greatest decreases • Manufacturing and Mining Agriculture and Fishing • Animal Services • Rental and Leasing Services +5% +3% -10% +9% +5% SMALL BUSINESSES NATIONWIDE 25% 22% 21% 19% 18% • Performing Arts, Spectator Sports and Related Industry • Repair and Maintenance Services • Retail • Transportation and Warehousing • Food Services and Drinking Places MANUFACTURING AND MINING Businesses in the Manufacturing and Mining industry are AVERAGE INCOME 12010 12011 enjoying 9% greater income in 2011 over the same period in 2010, thanks in part to a sharp increase in March. $21,766 JANUARY $17,725 $17,497 GREATEST INCREASE FEBRUARY $17,306 $24,294 IN INCOME MARCH $17,657 PROFIT MARGIN Greatest Increases Greatest decreases • Architectural, Engineering and Related Services • Agriculture and Fishing • Performing Arts, Spectator Sports and Related Industries +5% Repair and Maintenance Services • Information, Broadcasting and Motion Picture SMALL BUSINESSES NATIONWIDE +15% +11% +10% +9% +9% -2% -1% Rental and Leasing Services • Animal Services ARCHITECTURAL, ENGINEERING AND RELATED SERVICES Small businesses in the Architectural and Engineering industry have seen the biggest increase in profit margin over last year. Within this industry, independent drafting businesses have the greatest profit margin by a NET PROFIT MARGIN BY SECTOR (As of Mar. 2011) ARCHITECTURE 28% significant percent. +15% BUILDING INSPECTION 34% GREATEST INCREASE DRAFTING 56% IN PROFIT MARGIN ENGINEERING 27% EXPENSES Greatest Increases Z Greatest Decreases Repair and Maintenance Services Performing Arts, Spectator Sports and Related Industries Transportation and Warehousing Food Services and Drinking Places Retail -15% +8% 43% +1% 29% 27% 27% 26% 23% SMALL BUSINESSES NATIONWIDE Animal Services Rental and Leasing Manufacturing and Mining REPAIR AND MAINTENANCE SERVICES Small businesses in the Repair and Maintenance GREATEST DECREASE REPAIR AND MAINTENANCE SMALL BUSINESSES Services industry are spending 29% less than IN EXPENSES they did during the same period in 2010. AUTOMOTIVE REPAIR REUPHOLSTERY AND MAINTENANCE AND FURNITURE REPAIR 29% MACHINERY AND EQUIPMENT FOOTWEAR AND LEATHER ELECTRONIC AND OTHER REPAIR AND MAINTENANCE SERVICES PRECISION EQUIPMENT QuickBooks Online Data from Jan. 2011 through Mar. 2011 compared to same period 2010 unless otherwise noted. Source: Aggregated data from 166,000 small businesses using QuickBooks Online. intuit.