Small Business Economy Sees Modest Growth

Increases in small business lending, new business formations and a leading microcap index suggest that the small business economy is continuing to see modest growth, according to the latest SB Authority Index from Newtek Business Services.

The index of small business indicators for May 2014 reached 127.41 points, an increase of 0.37 percent over April 2014. On a year-over-year comparison, the SB Authority Index is up 7.31 percent.