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Index Steady as Small Businesses Say High Inflation Still Top Concern

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Read the Q4 2022 report
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Small Business Index score gauge
Q4 2022 SBI:62.1
This quarter’s score of 62.1 matches last quarter’s score, which marked the largest quarterly drop since the Index plummeted at the start of the pandemic.
Highlights from the q1 2021 report
53%
of small businesses say inflation is the top challenge facing the small business community.
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79%
say the upcoming holiday season is important for their overall profit
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64%
of small business owners report that their business is in good health.
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53%
of small businesses say inflation is the top challenge facing the small business community.
Learn More
79%
say the upcoming holiday season is important for their overall profit
Learn More
64%
of small business owners report that their business is in good health.
Learn More

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.

Explore Past Reports

A woman taking an order over the phone
Q4 2024 SBI 69.1

Despite inflation concerns, small businesses remain optimistic

Half say that licensing, certifications, and permits make it harder to grow
A man standing in front of a series of screens holding a laptop while reviewing data
Q3 2024 SBI 71.2

Index Steady As Optimism Over Future Hiring and Revenue Stay High

Small business leaders want elected representatives to focus on economy and inflation
A man standing in front of a series of screens holding a laptop while reviewing data
Q2 2024 SBI 69.5

Index Moves Up As Optimism About the Future Grows

Majority believe AI will save them time, money in the long run
A woman taking an order over the phone
Q4 2024 SBI 69.1

Despite inflation concerns, small businesses remain optimistic

Half say that licensing, certifications, and permits make it harder to grow
A man standing in front of a series of screens holding a laptop while reviewing data
Q3 2024 SBI 71.2

Index Steady As Optimism Over Future Hiring and Revenue Stay High

Small business leaders want elected representatives to focus on economy and inflation
A man standing in front of a series of screens holding a laptop while reviewing data
Q2 2024 SBI 69.5

Index Moves Up As Optimism About the Future Grows

Majority believe AI will save them time, money in the long run