Index Down Slightly as Small Businesses See Weaker Economy
Inflation remains top concern of small businesses across country
Read the Q1 2023 reportPresented by
Q1 2023 Report Highlights
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
64%
of small business owners say they are comfortable with their cash flow
89%
of small businesses say that offering employees healthcare is the right thing to do
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 2023
• SBI 61.3
Index Drops As View of Economy Declines
Employers having harder time finding employees with right skills, experience
Q3 2023
• SBI 69.2
Index Reaches Post-Pandemic High As More See Improving Economy
Persistent concerns about inflation remain near record high
Q2 2023
• SBI 63.1
Index up as Small Businesses Plan for More Hiring, Higher Revenue
Inflation remains top concern by far
Q4 2023
• SBI 61.3
Index Drops As View of Economy Declines
Employers having harder time finding employees with right skills, experience
Q3 2023
• SBI 69.2
Index Reaches Post-Pandemic High As More See Improving Economy
Persistent concerns about inflation remain near record high
Q2 2023
• SBI 63.1
Index up as Small Businesses Plan for More Hiring, Higher Revenue
Inflation remains top concern by far