

Q3 2022 SBI: 62.1
This quarter’s score of 62.1 represents the largest drop since the start of the pandemic.
Highlights from the q1 2021 report
50%
of small businesses say inflation is the top challenge, a drastic 31-point increase since this time last year
71%
of small businesses believe that when it comes to inflation and price increases, the worst is still to come
31%
of small business owners say their local economy is in good health, down six percentage points this quarter.
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.

Q3 2025
• SBI 72.0
Index Rises Despite Mixed Future Expectations
Inflation Remains Top Concern, with Future Expectations Mixed

Q2 2025
• SBI 65.2
Index Rises Slightly Despite Mixed Future Expectations
Inflation remains top concern, supply chain worries impact operations

Q1 2025
• SBI 62.3
Index Dips Despite Small Businesses Seeing Stable Economy
Inflation remains top concern, as revenue worries grow


