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Index Remains Steady As Views of Economy Drift Upwards

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Read the Q1 2024 report
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Small Business Index score gauge
Q1 2024 SBI: 62.3
The MetLife and U.S. Chamber of Commerce Small Business Index score for Q1 is 62.3. The Q4 2023 Index score was 61.3.
Highlights from the q1 2021 report
60%
of small businesses say they are concerned about cybersecurity threats, and 58% are concerned about a supply chain breakdown.
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27%
of small businesses say they are one disaster or threat away from shutting down their business.
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52%
of small businesses say inflation is the top challenge they face. This is the seventh quarter in a row where 50% or more have cited inflation as the biggest challenge.
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60%
of small businesses say they are concerned about cybersecurity threats, and 58% are concerned about a supply chain breakdown.
Learn More
27%
of small businesses say they are one disaster or threat away from shutting down their business.
Learn More
52%
of small businesses say inflation is the top challenge they face. This is the seventh quarter in a row where 50% or more have cited inflation as the biggest challenge.
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