This month, the Office of Advocacy is releasing a new research report, Income and Net Worth of Veteran Business Owners over the Business Cycle, 1989–2010. The report looks at the effects of two decades of economic expansion and recession on the economic fortunes of veterans and veteran small business owners. It finds that veteran small business owners did better than veterans who did not own small businesses during the 20-year-period. The economic extremes of the period 1989-2010—including the end of the longest U.S. economic expansion and the Great Recession—had similar effects on all business owners—veteran and non-veteran alike.
The report and research summary are available on Advocacy’s webpage.