WASHINGTON — The Small Business Survival Committee (SBSC) has released its annual rankings of the states according to their respective policy climates for small business and entrepreneurship in its “Small Business Survival Index 2003.”
According to SBSC chief economist Raymond J. Keating, author of the study, “The ‘Small Business Survival Index 2003’ compares how governments in the states treat small businesses and entrepreneurs. Since small business serves as the backbone of the U.S. economy — for example, by providing the bulk of new jobs and being a font of innovation — every state and local lawmaker should be concerned with how their policies impact small business.”