Index Dips As Small Businesses See High Inflation Persisting
![A collection of small business owners busy at work](/sbindex/uploads/sbireport_q322_hero_a.png)
More see uncertain future and report cash flow challenges
Read the Q3 2022 report![A collection of small business owners busy at work](/sbindex/uploads/sbireport_q322_hero_a.png)
Q3 2022 Report Highlights
![Small Business Index score gauge](/sbindex/uploads/sbireport_q322_webcharts_gauge.png)
Q3 2022 SBI:62.1
This quarter’s score of 62.1 represents the largest drop since the start of the pandemic.
Highlights from the q1 2021 report
50%
of small businesses say inflation is the top challenge, a drastic 31-point increase since this time last year
71%
of small businesses believe that when it comes to inflation and price increases, the worst is still to come
31%
of small business owners say their local economy is in good health, down six percentage points 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.
![An older man carrying a box of vegetable starts](/sbindex/uploads/2024_Q1_assets/SBI_2024Q1_ComputerScreens.jpg)
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
![An older man carrying a box of vegetable starts](/sbindex/uploads/2023_Q4_assets/SBI_2023Q4_VegetableFarmer.jpg)
Q4 2023
• SBI 61.3
Index Drops As View of Economy Declines
Employers having harder time finding employees with right skills, experience
![A grid of images highlighting different types of small businesses](/sbindex/uploads/2023_Q3_assets/SBI_2023Q3_OfficeHandshake.jpg)
Q3 2023
• SBI 69.2
Index Reaches Post-Pandemic High As More See Improving Economy
Persistent concerns about inflation remain near record high