Despite a persistently high U.S. unemployment rate and sluggish overall economic growth, one segment of the U.S. economy continues to exceed expectations – entrepreneurs. According to data compiled by Ernst & Young LLP from more than 600 finalists of the 2012 US Entrepreneur of the Year® program, innovation-driven entrepreneurs continue to defy the odds, expanding their companies, spurring job growth and creating momentum in an otherwise moribund economy.
Research compiled from these companies, which together employ nearly 700,000 workers, affirms that, nationally, these innovative, expansion-oriented entrepreneurs continue to grow impressively, achieving the following between 2009-2011:
- 30 percent job growth, compared to negative overall U.S. job growth (approx. -1 percent)
- 48 percent revenue growth, compared to overall U.S. revenue growth of 5.6 percent
To read the full, original article click on this link: High-Growth Entrepreneurs Setting Pace for Revenue Growth and Job Creation Says Ernst & Young LLP - Hawaii News Now - KGMB and KHNL
