The medium growth rate from 2014 through 2016 grew for every firm segment except the $5-million-to-$10-million revenue category. However median revenue rose in absolute terms in that segment during the measured period.
Growth rates ranged from a median 4.9 percent for firms with $500,000 to $750,000 segment to a medium of 10.5 percent in the segment of firms with less than $200,000 in revenue.
Median profits grew by 11.2 percent for the studied period for firms with annual revenue of $500,000 to $750,000 and 13.3 percent for those with revenue of $750,000 to $1.5 million.
There was less sharp profit growth for the smallest firms, up 2.9 percent and the largest firms, up 4.2 percent. Profits fell by 3.7 percent for firms in the $200,000 to $500,000 segment, .9 percent for those in the $1.5-million to $5 million range, and 4 percent for those in the $5 million to $10 million group.Last modified on Tuesday, 25 October 2016