Pa. county leads state in small business growth, report says

A new report has found how small businesses in certain areas of the United States “are thriving.”

One county in Pennsylvania exemplifies just that.

Conducted and published by OnDeck, it’s Pike County that leads the Keystone State with regards to small business growth. Based off of Census data, the area saw such businesses rise by 5.23 percent over a year period.

Pennsylvania on the whole saw a year-over-year 1.27 percent increase in small businesses. The state with the greatest growth — Idaho — saw a 6.55 percent increase.

“This followed a quarter-century growth trend in which small business employment grew by 48.7 percent. exceeding the national rate, according to the U.S. Small Business Administration,” the report reads.

“Idaho has the lowest eighth lowest labor costs. The state benefits from a moderate employment market where people have money to spend, but there is enough job competition for Idaho’s small businesses to avoid the recruitment nightmares other regions have faced in recent years.”

On the other end of the spectrum sits West Virginia, who saw a roughly zero percent growth in the sector.