Index Dips As Small Businesses See High Inflation Persisting

More see uncertain future and report cash flow challenges
Read the Q3 2022 report
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.

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

Q3 2022
• SBI 62.1
Index Dips As Small Businesses See High Inflation Persisting
More see uncertain future and report cash flow challenges

Q2 2022
• SBI 66.8
Index Reaches Pandemic-Era High, but Inflation Concerns Dominate
Small business leaders say inflation is their top concern