Marketing on 6th Suggest New York is the Hottest New Market for SME Growth

    NEW YORK, NY, August 05, 2013 /24-7PressRelease/ -- According to an article by The Guardian, the results from the US employment data has confirmed that America is bouncing back from the economic recession faster than any other nation. Marketing on 6th are a new start up company in New York City, who predict New York will become the hottest city to run a small business or enterprise within the next 12 months.

In recent months, employment within the private sector rose by 5.2 million and for the first time in nearly five years, the unemployment rate is below 8%. According to the Global Entrepreneurs report, data shows businesses that are less than 3 and a half years old are up more than 60%. It has been predicted by research firm IHS Global that the US economy will grow by 1.6% this year. The figures of second-or-third-time self starter are at the highest level since 2005.

About Marketing on 6th: http://www.marketingon6th.com

Although reports speak of America as a whole bouncing back from the recession, New York City in particular has coped remarkably well. In 2011, the New York Times reported that New York City fared better in the recession than what economists initially predicted. Managing Director, Colm Horgan at Marketing on 6th says, "New York City has certainly proved to be a progressive market for me personally. I have quickly been able to establish the company, bring on brand-name clients and build a strong team of innovative and ambitious individuals. Our prediction for the New York market to provide growth for American SME's is looking strong."

A recent article on techcrunch.com has reported that SoftBank Capital have raised $50 million which they plan to invest entirely into early-stage New York start-ups. With money flowing into new New York businesses, it's not surprising to see why Marketing on 6th have claimed the city to be the hottest market for SME growth.

Sources:

http://www.guardian.co.uk/business/2012/oct/17/us-employment-data-recession-recovery
http://techcrunchcom/2013/05/30/softbank-capital-raises-50m-to-invest-exclusively-in-new-york-startups/

Marketing on 6th are a new outsourced sales and marketing firm in NYC who provide services for clients in the telecommunications, energy, non-profit and finance industries.

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