May 3, 2016
Venture Portland encourages Portlanders to spend the month of May honoring our local small businesses. With the warm, sunny weather we’ve been having, it’s the perfect time to get out and shop local.
Portland’s small businesses create and help drive the economy and contribute to the city’s quality of life. Here are some facts about our small businesses:
- More than half of Americans own or work for a small business.
- Small businesses create 2 out of every 3 U.S jobs.
- 98 percent of Portland’s 19,200 businesses have 5 or fewer employees, but provide more than 267,000 jobs in total.
- 70 percent of every dollar spent stays in the local economy.
To learn more about Portland’s small businesses, check out Venture Portland’s website.