Despite Inflation Concerns, Small Businesses Remain Optimistic
Half say that licensing, certifications, and permits make it harder to grow
Read the Q4 2024 reportPresented by
Q4 2024 Report Highlights
Q4 2024 SBI:69.1
The MetLife and U.S. Chamber of Commerce Small Business Index score for Q4 is 69.1. The Q3 2024 Index score was 71.2.
Highlights from the q1 2021 report
55%
of small businesses say inflation is the top challenge facing their business this quarter
72%
of small businesses say they expect next year’s revenue to increase
51%
of small businesses say that licensing, certification, and permit requirements make it harder to grow their business
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