Index Moves Up As Optimism About the Future Grows
Majority believe AI will save them time, money in the long run
Read the Q2 2024 reportPresented by
Q2 2024 Report Highlights
Q2 2024 SBI:69.5
The MetLife and U.S. Chamber of Commerce Small Business Index score for Q2 is 69.5. The Q1 2024 Index score was 62.3.
Highlights from the q1 2021 report
73%
of small businesses say they expect revenue to increase in the next year.
71%
of small businesses believe that hiring workers with AI skills will save them time in the long run.
55%
of small businesses say inflation is the top challenge facing the small business community this quarter.
The Data Explorer
Use the Data Explorer to browse and analyze years of data from the Small Business Index.
The Data Explorer contains data going back to 2017 (when the Index began) on the 10 big survey questions covering views of the economy, hiring, investment and other key economic indicators.
Q1 2024
• SBI 62.3
Index Remains Steady As Views of Economy Drift Upwards
Cybersecurity tops list of potential threats, but many have taken steps to prepare
Q4 2023
• SBI 61.3
Index Drops As View of Economy Declines
Employers having harder time finding employees with right skills, experience
Q3 2023
• SBI 69.2
Index Reaches Post-Pandemic High As More See Improving Economy
Persistent concerns about inflation remain near record high
Q1 2024
• SBI 62.3
Index Remains Steady As Views of Economy Drift Upwards
Cybersecurity tops list of potential threats, but many have taken steps to prepare
Q4 2023
• SBI 61.3
Index Drops As View of Economy Declines
Employers having harder time finding employees with right skills, experience
Q3 2023
• SBI 69.2
Index Reaches Post-Pandemic High As More See Improving Economy
Persistent concerns about inflation remain near record high