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Index Reaches Pandemic-Era High, but Inflation Concerns Dominate

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Small business leaders say inflation is their top concern
Read the Q2 2022 report
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Q2 2022 Report Highlights

Small Business Index score gauge
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.
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88%
of small businesses are concerned about the impact of inflation
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68%
of small businesses still report continued concern over the impact of COVID-19 on their business.
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44%
of small businesses cite inflation as the biggest challenge this quarter.
Learn More
88%
of small businesses are concerned about the impact of inflation
Learn More
68%
of small businesses still report continued concern over the impact of COVID-19 on their business.
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

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Two restaurant managers working on a laptop
Q2 2022 SBI 66.8

Index Reaches Pandemic-Era High, but Inflation Concerns Dominate

Small business leaders say inflation is their top concern
A group of office workers sitting around a table discussing a project.
Q1 2022 SBI 64.1

Index Reaches Pandemic-Era High, but Inflation Concerns Grow

Supply chain disruptions also linger, moderating optimism.
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.
Two restaurant managers working on a laptop
Q2 2022 SBI 66.8

Index Reaches Pandemic-Era High, but Inflation Concerns Dominate

Small business leaders say inflation is their top concern
A group of office workers sitting around a table discussing a project.
Q1 2022 SBI 64.1

Index Reaches Pandemic-Era High, but Inflation Concerns Grow

Supply chain disruptions also linger, moderating optimism.
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.