North Carolina is among the leading states in adding businesses consisting of a single person, according to report issued Thursday by the U.S. Census Bureau.
The Census Bureau calls such businesses nonemployer businesses, which are typically self-employed individuals operating a very small, unincorporated company. North Carolina’s growth rate for nonemployer businesses was 6.7 percent from 2006 to 2007, the most recent data available. Georgia led the nation with a 6.9 percent increase, followed by Alabama at 6.8 percent.
The economic sectors represented by nonemployer businesses include real estate services and specialty trade contractors. The United States added nearly 1 million nonemployer businesses from 2006 to 2007, totaling 21.7 million businesses. The nationwide growth rate was 4.5 percent.
Receipts for nonemployer business in the United States totaled $992 billion in 2007, up 2.2 percent from $970 billion in 2006. North Carolina receipts totaled $27.5 billion in 2007, a 4.5 percent increase over 2006 receipts.
