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

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Read the Q4 2021 report
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Small Business Index score gauge
Q4 2021 SBI: 63.0
This quarter’s Small Business Index score is 63.0, the highest score since the start of the pandemic. This score is up from last quarter’s score of 56.6 and the nadir of the pandemic in 2020 Q2 when the score reached a record low of 39.5.
Highlights from the q1 2021 report
62%
of small businesses say their business is in good health.
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71%
of small business owners say that rising prices have had a significant impact on their business in the past year.
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26%
of small business owners say the biggest challenge they expect to face in a post-pandemic world is revenue.
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62%
of small businesses say their business is in good health.
Learn More
71%
of small business owners say that rising prices have had a significant impact on their business in the past year.
Learn More
26%
of small business owners say the biggest challenge they expect to face in a post-pandemic world is revenue.
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

Two office workers are concerned at what they are reading on a laptop.
Q2 2025 SBI 65.2

Index Rises Slightly Despite Mixed Future Expectations

Inflation remains top concern, supply chain worries impact operations
A group of office workers are discussing a report
Q1 2025 SBI 62.3

Index Dips Despite Small Businesses Seeing Stable Economy

Inflation remains top concern, as revenue worries grow
A woman taking an order over the phone
Q4 2024 SBI 69.1

Despite inflation concerns, small businesses remain optimistic

Half say that licensing, certifications, and permits make it harder to grow
Two office workers are concerned at what they are reading on a laptop.
Q2 2025 SBI 65.2

Index Rises Slightly Despite Mixed Future Expectations

Inflation remains top concern, supply chain worries impact operations
A group of office workers are discussing a report
Q1 2025 SBI 62.3

Index Dips Despite Small Businesses Seeing Stable Economy

Inflation remains top concern, as revenue worries grow
A woman taking an order over the phone
Q4 2024 SBI 69.1

Despite inflation concerns, small businesses remain optimistic

Half say that licensing, certifications, and permits make it harder to grow