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Small Business Index
Q4 2022
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Two people sitting in an office having a conversation
Q4 2025 • SBI 68.4

Index Falls as Inflation Concerns Persist

Worries About Attracting, Retaining Talent Steadily Grow Over Past Year
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Two people sitting in an office having a conversation
Q3 2025 • SBI 72.0

Index Rises Despite Mixed Future Expectations

Inflation Remains Top Concern, with Future Expectations Mixed
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Two office workers are concerned at what they are reading on a laptop.
Q2 2025 • SBI 65.2

Index Rises Slightly Despite Mixed Future Expectations

Inflation remains top concern, supply chain worries impact operations
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A group of office workers are discussing a report
Q1 2025 • SBI 62.3

Index Dips Despite Small Businesses Seeing Stable Economy

Inflation remains top concern, as revenue worries grow
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A woman taking an order over the phone
Q4 2024 • SBI 69.1

Despite inflation concerns, small businesses remain optimistic

Half say that licensing, certifications, and permits make it harder to grow
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A man standing in front of a series of screens holding a laptop while reviewing data
Q3 2024 • SBI 71.2

Index Steady As Optimism Over Future Hiring and Revenue Stay High

Small business leaders want elected representatives to focus on economy and inflation
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Methodology