Federal Reserve Bank of Cleveland’s Post

Throughout the month of July, we feature the young professionals at the Cleveland Fed. In honor of this commitment, we are also sharing data from the 2023 Small Business Credit Survey on small businesses owned by someone under the age of 35. Here are some of the findings: 53% reported operating at a profit 56% are men-owned 82% are in urban areas 70% expect their revenues to increase in the next 12 months Visit the Fed Small Business website for more information on these small businesses and others: https://lnkd.in/eq4uB7tD #SmallBusiness #YoungProfessionals #SmallBusinesses #SmallBiz

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