Average revenue of businesses owned by Native American/American Indians was $3.5 million – which was less than half the average revenue of all small-business owners in 2012 (which was $7.8 million). Most businesses were in professional service industries.
Small businesses in the wholesale trades had higher earnings than did firms other non-manufacturing industries. In construction, heavy construction contracting and construction of buildings performed best, while firms in the Midwest and Northeast had the highest earnings.
The stock market continues to set new records, but it would be foolish to judge the state of the economy by what is happening on Wall Street. Key indicators reveal the economy is very sluggish and suggest the stock market’s performance is out of sync with fundamentals.