Index Reaches Post-Pandemic High As More See Improving Economy
Persistent concerns about inflation remain near record high
Read the Q3 2023 reportPresented by
Q3 2023 Report Highlights
Q3 2023 SBI:69.2
The MetLife and U.S. Chamber of Commerce Small Business Index score for Q3 is 69.2. The Index score for Q2 was 63.1.
Highlights from the q1 2021 report
86%
of respondents say that small businesses are the most vulnerable to rising interest rates
70%
of small businesses say they are actively addressing employee mental health as a priority
65%
of small businesses say the overall health of their business is very or somewhat good
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.
Q2 2023
• SBI 63.1
Index up as Small Businesses Plan for More Hiring, Higher Revenue
Inflation remains top concern by far
Q1 2023
• SBI 60.0
Index Down Slightly as Small Businesses See Weaker Economy
Inflation remains top concern of small businesses across country
Q4 2022
• SBI 62.1
Index Steady as Small Businesses Say High Inflation Still Top Concern
More small businesses this year say holiday season is important for overall profit
Q2 2023
• SBI 63.1
Index up as Small Businesses Plan for More Hiring, Higher Revenue
Inflation remains top concern by far
Q1 2023
• SBI 60.0
Index Down Slightly as Small Businesses See Weaker Economy
Inflation remains top concern of small businesses across country
Q4 2022
• SBI 62.1
Index Steady as Small Businesses Say High Inflation Still Top Concern
More small businesses this year say holiday season is important for overall profit