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Index Steady as Small Businesses Say High Inflation Still Top Concern

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

Small Business Index score gauge
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.
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79%
say the upcoming holiday season is important for their overall profit
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64%
of small business owners report that their business is in good health.
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53%
of small businesses say inflation is the top challenge facing the small business community.
Learn More
79%
say the upcoming holiday season is important for their overall profit
Learn More
64%
of small business owners report that their business is in good health.
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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 men in hardhats reviewing a work documents
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
People working on a farm
Q3 2022 SBI 62.1

Index Dips As Small Businesses See High Inflation Persisting

More see uncertain future and report cash flow challenges
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
Two men in hardhats reviewing a work documents
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
People working on a farm
Q3 2022 SBI 62.1

Index Dips As Small Businesses See High Inflation Persisting

More see uncertain future and report cash flow challenges
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