Index Drops As View of Economy Declines
Employers having harder time finding employees with right skills, experience
Read the Q4 2023 reportPresented by
Q4 2023 Report Highlights
Q4 2023 SBI:61.3
The MetLife and U.S. Chamber of Commerce Small Business Index score for Q4 is 61.3. The Q3 Index score was 69.2.
Highlights from the q1 2021 report
50%
of small businesses cite inflation as one of the biggest challenges they are facing right now
54%
of small businesses who have searched for new talent in 2023 say it is hard to find candidates with the experience they need for the job
68%
of small businesses say they plan to offer more flexible working hours in the next year
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.
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
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
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
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
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
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