A headline like, “Regional and rural small businesses outperform metropolitan-based businesses,” is sure to get my attention. This one is from Australia, and mirrors U.S. trends.
|Business looks good at the Exchange Hotel,
in Grenfell, Australia (population 1900).
Photo (CC) by Pip Wilson.
- All small business monthly growth for October 2011 was 2.8%, while regional and rural small businesses grew at 4.7%.
- The year to date growth for all business was 1.9%, compared to rural small business at 2.7%.
So, rural small business in Australia is doing very well, based on data from ANZ Australia and New Zealand Banking Group. They issue monthly sales trends reports on small business, based on transactions processed through their merchant systems.
If you’d like more detail, you can read the press release or download the PDF version with graphs from Noodls: Small Business sales trends grow in October.
How is rural small business doing in your country?
- Community engagement planning: old way vs. Idea Friendly way - October 3, 2021
- Boost your maker economy with a “Made in” day - September 17, 2021
- How a ghost town made something from nothing with a folk festival - September 3, 2021
- Rural business idea: sell foraged fruits and more - August 3, 2021
- Best practices for rural housing - July 19, 2021
- How to be more open to new ideas #IdeaFriendly - July 3, 2021
- Market your small town as a movie filming location, attract movie and game fan tourists - June 28, 2021
- Survey of Rural Challenges 2021 results, analysis of themes from 2015 through today - June 7, 2021
- What makes a small town a micropolitan or nanopolitan? - May 22, 2021
- Improving Rural Housing: turning blighted dilapidated houses into new homes - May 7, 2021