Index Remains Steady As Views of Economy Drift Upwards
Cybersecurity tops list of potential threats, but many have taken steps to prepare
Read the Q1 2024 reportPresented by
Q1 2024 Report Highlights
Q1 2024 SBI:62.3
The MetLife and U.S. Chamber of Commerce Small Business Index score for Q1 is 62.3. The Q4 2023 Index score was 61.3.
Highlights from the q1 2021 report
60%
of small businesses say they are concerned about cybersecurity threats, and 58% are concerned about a supply chain breakdown.
27%
of small businesses say they are one disaster or threat away from shutting down their business.
52%
of small businesses say inflation is the top challenge they face. This is the seventh quarter in a row where 50% or more have cited inflation as the biggest challenge.
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