Main Street USA is getting pummeled.
America's economic performance peaked in the late 1990s, according to a new report on the competitiveness of the U.S. economy from Harvard Business School.
Since then, there has been an ever-widening income disparity in the U.S., and that same divide has been growing between large and small businesses, the report finds.
"Corporate profits in America remain near all-time highs, though revenue and profit growth has slowed. But many small businesses are struggling," the report says.
The smallest businesses, those with between one and nine employees, reported having "starkly more negative views" of the business environment than their larger counterparts.
"Across the board, the U.S. business environment looks worse from the vantage point of small business," the report says.