Index Down Slightly as Small Businesses See Weaker Economy

Inflation remains top concern of small businesses across country
Read the Q1 2023 report
Q1 2023 Report Highlights

Q1 2023 SBI:60.0
The MetLife and U.S. Chamber of Commerce Small Business Index score for Q1 is 60.0. The Index score for Q4 2022 was 62.1.
Highlights from the q1 2021 report
54%
of small business owners continue to cite inflation as their top concern
64%
of small business owners say they are comfortable with their cash flow
89%
of small businesses say that offering employees healthcare is the right thing to do
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.

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

Q3 2022
• SBI 62.1
Index Dips As Small Businesses See High Inflation Persisting
More see uncertain future and report cash flow challenges

Q2 2022
• SBI 66.8
Index Reaches Pandemic-Era High, but Inflation Concerns Dominate
Small business leaders say inflation is their top concern