Index Steady as Small Businesses Say High Inflation Still Top Concern

More small businesses this year say holiday season is important for overall profit
Read the Q4 2022 report
Q4 2022 Report Highlights

Q4 2022 SBI:62.1
This quarter’s score of 62.1 matches last quarter’s score, which marked the largest quarterly drop since the Index plummeted at the start of the pandemic.
Highlights from the q1 2021 report
53%
of small businesses say inflation is the top challenge facing the small business community.
79%
say the upcoming holiday season is important for their overall profit
64%
of small business owners report that their business is in good health.
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