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Thursday, May 3, 2012

Small Business News You Can Use (5/3)

Construction spending barely rose in March as investment in public projects dropped to a five-year low, according to a government report on Tuesday that could see the first-quarter economic growth estimate lowered. Retailers are paying significantly less every time a customer swipes a debit card under a rule capping the fees that banks are allowed to charge. Private-sector hiring slowed in April, a signal that the labor market's expansion has slowed and is falling in line with the pace of economic growth. Here’s a little known fact about entrepreneurship. The number of people working at start-ups has fallen by half over the past decade.

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