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Index Drops As View of Economy Declines

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Read the Q4 2023 report
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Small Business Index score gauge
Q4 2023 SBI: 61.3
The MetLife and U.S. Chamber of Commerce Small Business Index score for Q4 is 61.3. The Q3 Index score was 69.2.
Highlights from the q1 2021 report
50%
of small businesses cite inflation as one of the biggest challenges they are facing right now
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54%
of small businesses who have searched for new talent in 2023 say it is hard to find candidates with the experience they need for the job
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68%
of small businesses say they plan to offer more flexible working hours in the next year
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50%
of small businesses cite inflation as one of the biggest challenges they are facing right now
Learn More
54%
of small businesses who have searched for new talent in 2023 say it is hard to find candidates with the experience they need for the job
Learn More
68%
of small businesses say they plan to offer more flexible working hours in the next year
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

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Q3 2025 SBI 72.0

Index Rises Despite Mixed Future Expectations

Inflation Remains Top Concern, with Future Expectations Mixed
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
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
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
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
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