HOMEBASE DATA REPORTS

Main Street Health Report

Each month, we report on key trends in small business data—like how weather, the economy, and seasonality impact owners and managers across America.

June 18, 2024

June Main Street Health Report: Due to early heat wave, businesses are experiencing a cool-off

Key findings:

  • Based on at least one clock-in, small business owners saw the lowest number of employees working in June over the past three years.
  • Southern and Western states were hit the hardest, but Northern and Midwest states also experienced a slowdown because of the abnormal temperatures.
  • All industries are feeling the labor impact, with fewer employees working compared to previous years.
  • The entertainment & hospitality industries continue to outpace other industries in terms of growth, even with temperatures rising.

Plus! Details on employee activity, hours worked, and geographic- and industry-specific employment trends.

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Small business activity was up again in May, as the number of employees working (+1%) and hours worked (+1.9%) increased and performed slightly better than the last year With stable growth across Main Street, hourly workers are feeling more content, with 4 out of 5 saying they’re happy with their jobs.