Index Dips As Small Businesses See High Inflation Persisting
More see uncertain future and report cash flow challenges
Read the Q3 2022 reportPresented by
Q3 2022 Report Highlights
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.
Q2 2023
• SBI 63.1
Index up as Small Businesses Plan for More Hiring, Higher Revenue
Inflation remains top concern by far
Q1 2023
• SBI 60.0
Index Down Slightly as Small Businesses See Weaker Economy
Inflation remains top concern of small businesses across country
Q4 2022
• SBI 62.1
Index Steady as Small Businesses Say High Inflation Still Top Concern
More small businesses this year say holiday season is important for overall profit
Q2 2023
• SBI 63.1
Index up as Small Businesses Plan for More Hiring, Higher Revenue
Inflation remains top concern by far
Q1 2023
• SBI 60.0
Index Down Slightly as Small Businesses See Weaker Economy
Inflation remains top concern of small businesses across country
Q4 2022
• SBI 62.1
Index Steady as Small Businesses Say High Inflation Still Top Concern
More small businesses this year say holiday season is important for overall profit