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Index Reaches Pandemic-Era High, but Inflation Concerns Grow

A grid of four images showing various small business owners at work.
Supply chain disruptions also linger, moderating optimism
Read the Q1 2022 report
A grid of four images showing various small business owners at work.
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Q1 2022 Report Highlights

Small Business Index score gauge
Q1 2022 SBI:64.1
This quarter’s Small Business Index score is 64.1, the highest score since the start of the pandemic. This score is consistent with last quarter’s score of 63.0.
Highlights from the q1 2021 report
85%
of small business owners are concerned about the impact of inflation, up from 75% last quarter.
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37%
of small businesses have increased flexible work options to retain workers during the ‘Great Resignation’
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61%
of small business owners say their business is in good health
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85%
of small business owners are concerned about the impact of inflation, up from 75% last quarter.
Learn More
37%
of small businesses have increased flexible work options to retain workers during the ‘Great Resignation’
Learn More
61%
of small business owners say their business is in good health
Learn More

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.

Explore Past Reports

View More Reports
Two people walking and discussing some papers.
Q4 2021 SBI 63.0

Index Reaches Pandemic-Era High, as Many See Brighter Future

But worker shortage, inflation, and supply chain concerns persist.
Woman and man working at a farm shop
Q3 2021 SBI 56.6

Small Businesses Show Growing Signs of Caution About the Future

Staffing levels and investment plateau, as concerns about inflation grow.
Woman and man working at a farm shop
Q2 2021 SBI 60.0

Small Business Views of Future Improve

‘Hopeful’ business owners see better economy, expect rising revenue
Two people walking and discussing some papers.
Q4 2021 SBI 63.0

Index Reaches Pandemic-Era High, as Many See Brighter Future

But worker shortage, inflation, and supply chain concerns persist.
Woman and man working at a farm shop
Q3 2021 SBI 56.6

Small Businesses Show Growing Signs of Caution About the Future

Staffing levels and investment plateau, as concerns about inflation grow.
Woman and man working at a farm shop
Q2 2021 SBI 60.0

Small Business Views of Future Improve

‘Hopeful’ business owners see better economy, expect rising revenue