Index Reaches Pandemic-Era High, but Inflation Concerns Dominate
Small business leaders say inflation is their top concern
Read the Q2 2022 reportPresented by
Q2 2022 Report Highlights
Q2 2022 SBI:66.8
Despite this challenge, this quarter’s score is 66.8, the highest since the pandemic began. This is slightly higher than last quarter’s score of 64.1.
Highlights from the q1 2021 report
44%
of small businesses cite inflation as the biggest challenge this quarter.
88%
of small businesses are concerned about the impact of inflation
68%
of small businesses still report continued concern over the impact of COVID-19 on 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.
Q4 2023
• SBI 61.3
Index Drops As View of Economy Declines
Employers having harder time finding employees with right skills, experience
Q3 2023
• SBI 69.2
Index Reaches Post-Pandemic High As More See Improving Economy
Persistent concerns about inflation remain near record high
Q2 2023
• SBI 63.1
Index up as Small Businesses Plan for More Hiring, Higher Revenue
Inflation remains top concern by far
Q4 2023
• SBI 61.3
Index Drops As View of Economy Declines
Employers having harder time finding employees with right skills, experience
Q3 2023
• SBI 69.2
Index Reaches Post-Pandemic High As More See Improving Economy
Persistent concerns about inflation remain near record high
Q2 2023
• SBI 63.1
Index up as Small Businesses Plan for More Hiring, Higher Revenue
Inflation remains top concern by far