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Q4 2025 SBI: 68.4
The MetLife & U.S. Chamber of Commerce Small Business Index is 68.4 this quarter, down from last quarter (72.0) and similar to Q4 2024 (69.1).
Highlights from the q1 2021 report
45%
of small business owners mark inflation as their biggest challenge right now
58%
of small businesses expect to raise their prices this holiday season
79%
of small businesses say the holiday season is important for their profit, up significantly from Q4 2024
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.
Q3 2025
• SBI 72.0
Index Rises Despite Mixed Future Expectations
Inflation Remains Top Concern, with Future Expectations Mixed
Q2 2025
• SBI 65.2
Index Rises Slightly Despite Mixed Future Expectations
Inflation remains top concern, supply chain worries impact operations
Q1 2025
• SBI 62.3
Index Dips Despite Small Businesses Seeing Stable Economy
Inflation remains top concern, as revenue worries grow
Q3 2025
• SBI 72.0
Index Rises Despite Mixed Future Expectations
Inflation Remains Top Concern, with Future Expectations Mixed
Q2 2025
• SBI 65.2
Index Rises Slightly Despite Mixed Future Expectations
Inflation remains top concern, supply chain worries impact operations
Q1 2025
• SBI 62.3
Index Dips Despite Small Businesses Seeing Stable Economy
Inflation remains top concern, as revenue worries grow