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Index Down Slightly as Small Businesses See Weaker Economy

A collage of different small businesses
Read the Q1 2023 report
A collage of different small businesses
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Small Business Index score gauge
Q1 2023 SBI:60.0
The MetLife and U.S. Chamber of Commerce Small Business Index score for Q1 is 60.0. The Index score for Q4 2022 was 62.1.
Highlights from the q1 2021 report
54%
of small business owners continue to cite inflation as their top concern
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64%
of small business owners say they are comfortable with their cash flow
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89%
of small businesses say that offering employees healthcare is the right thing to do
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54%
of small business owners continue to cite inflation as their top concern
Learn More
64%
of small business owners say they are comfortable with their cash flow
Learn More
89%
of small businesses say that offering employees healthcare is the right thing to do
Learn More

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

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
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
A man standing in front of a series of screens holding a laptop while reviewing data
Q2 2024 SBI 69.5

Index Moves Up As Optimism About the Future Grows

Majority believe AI will save them time, money in the long run
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
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
A man standing in front of a series of screens holding a laptop while reviewing data
Q2 2024 SBI 69.5

Index Moves Up As Optimism About the Future Grows

Majority believe AI will save them time, money in the long run