Our daily blend of the latest news, trends and tips for the small business community.
What’s going ‘on’:
Factory orders fall for first time in three months: Orders to United States factories decreased in January for the first time in three months, a sign manufacturing is cooling to begin the year. Bookings fell 1 percent after a upwardly revised 1.4 percent gain in December, according to new data from the Commerce Department.
Small businesses adding low-wage positions: Small employers continued to add jobs last month, but they were mostly for low-wage work, according to economists for Sand Hill Econometrics. In total, small employers created 45,000 new jobs in February, according to data from payroll processing firm Intuit, down from 55,000 jobs a month ago.
Slim edges Gates for richest man in new rankings: Bloomberg has launched a new real-time rankings index of the world’s richest individuals, and currently, Mexican telecommunications tycoon Carlos Slim edges out philanthropist Bill Gates for the top spot on the list.
Economists skeptical of road projects: Expensive transportation bills aren’t always easy to push through Congress, so to round up votes, congressional leaders pitch the projects as the hottest thing around these days: job generators. But do they really create more jobs? Not really, is the answer from many economists.
Keep an eye ‘on’:
Small business owners stump for each candidate: On the most important day yet for the Republican presidential hopefuls, business owners from across the country explain why they each believe a different candidate (including the sitting president) would best serve the interests of entrepreneurs and small businesses.
Mobile technology demand boosting the economy:Online help-wanted advertising for computer and mathematical occupations rose 2.1 percent in February from January, reflecting a surge in technology-industry hiring that is helping to spearhead a jobs-market revival.Vacancies also outnumbered job seekers by more than three to one, according to recently published data by the Conference Board.
Helpful advice ‘on’:
How to find small business funding outside of bank loans (OSB)
How to use social media in new ways (Dayton Business Journal)
How to avoid demotivating your employees (NFIB)
How to choose an accountant for your firm (Open Forum)