Author Archives

• Over 60 Percent of Construction Firms Are Profitable Ventures

  By Benjamin Whetzel on September 13, 2017 • (0)

  

  According to recently released data from the Annual Survey of Entrepreneurs (ASE), 61.3 percent of American construction firms are profitable commercial enterprises.  The differences between construction and businesses in other industries in this regard are relatively minor.  As Exhibit 1 shows, the shares of construction businesses recording positive profits, breaking even, and sustaining losses are all within 1.2 percentage points of the averages across all U.S. industries. The… Read More ›

  Tags: construction, economics, home building, housing, profitability, profits

• Many Construction Firms Need Only $5,000 to Start Their Businesses

  By Benjamin Whetzel on August 18, 2017 • (1)

  

  Of 638,839 construction firms surveyed by the U.S. Census Bureau in its Annual Survey of Entrepreneurs (ASE), 20.1% report they raised less than $5,000 dollars to begin commercial activity. The ASE is a relatively new information source released by the U.S. Census Bureau this year. It collects economic and demographic information on businesses and business ownership in all major industries,… Read More ›

  Tags: economics, housing, small business, start up capital

• Home Equity Used to Start Seven Percent of U.S. Businesses

  By Benjamin Whetzel on August 9, 2017 • (1)

  

  Equity in a home was used as a source of capital to start 284,618 businesses—7.3% of all businesses in the U.S.—according to a new source of data released recently by the U.S. Census Bureau. The new data source is the Annual Survey of Entrepreneurs, (ASE), which collects economic and demographic information on businesses and business ownership in all major U.S…. Read More ›

  Tags: economics, housing