Survey findings and summary
Thumbtack, in partnership with the Ewing Marion Kauffman Foundation, has released
Albany's results from the third annual Thumbtack.com
Small Business Friendliness Survey. The study, drawing upon data from over 12,000
small business owners, provides new insights into state and local business
environments across the nation.
"After a two-month survey of thousands of small business owners nationwide,
Albany rates in the middle of the pack for friendliness," says Jon Lieber, Chief Economist of
Thumbtack. "Creating a business climate that is welcoming to small, dynamic
businesses is more important than ever, and Albany could be doing better."
Some of the key findings for Albany include:
- Albany earned a grade of C for its overall friendliness to small business.
- Albany did much better than other cities in New York State when it came to the ease of starting a new business, earning an A grade on that metric; despite this Albany's small businesses gave the lowest scores in the country when it came to encouraging others to become business owners.
- Albany had the highest percentage of business owners in the country - 48 percent - who said they paid too much in taxes.
- Albany's grade of C put it in front of only Buffalo (grade of F) within New York State for friendliness, finishing behind Rochester (grade of B) and New York City (grade of C+).
- New York earned a D+ for its friendliness towards small businesses, and was the 7th least friendly state in the country.
- The top rated cities overall were Colorado Springs, Boise, Houston, Austin, and Louisville. The lowest rated were Sacramento, Providence, Buffalo, Bridgeport, and San Diego.
A copy of the survey's full methodology and analysis paper is available upon
request. Please email Thumbtack's Chief Economist, Jon Lieber, at
firstname.lastname@example.org for a copy
of the paper and with any questions or comments you might have.