Macroeconomic Factors Make Collapse Almost Inevitable

Recent projections put the fiscal year 2009 deficit at almost $2 trillion dollars (HBM made this projection 4 months ago).

From Recession to Depression?

Home Business® Magazine is predicting that the U.S. will move from a recession into a depression, in 2009 or 2010. It is worth noting that if the federal government had not poured trillions of dollars into the financial system and economy in late 2008, the U.S. would already have slipped into a depression.

Small Business Community Encouraged to Join the Conversation

The Small Business Administration Office of Advocacy has launched a new small business blog focusing on regulatory issues, small business research, state regulatory activity, and more.

Decline Signals Recession

The economy went into reverse in the third quarter of 2008, as consumers reduced spending by the largest amount in 28 years.

Home-Based Businesses Lead the Way

Small businesses across the nation—over half of which are home-based businesses—create a majority of new jobs, introduce exciting new innovations to the marketplace each year, and generate over half of the U.S. economic output. Consequently, it comes as no surprise that the small business sector is the primary driving force behind the American economy.