Index Reaches Pandemic-Era High, but Inflation Concerns Grow

Supply chain disruptions also linger, moderating optimism
Read the Q1 2022 report
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Q1 2022 Report Highlights

Q1 2022 SBI:64.1
This quarter’s Small Business Index score is 64.1, the highest score since the start of the pandemic. This score is consistent with last quarter’s score of 63.0.
Highlights from the q1 2021 report
85%
of small business owners are concerned about the impact of inflation, up from 75% last quarter.
37%
of small businesses have increased flexible work options to retain workers during the ‘Great Resignation’
61%
of small business owners say their business is in good health
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 2021
• SBI 63.0
Index Reaches Pandemic-Era High, as Many See Brighter Future
But worker shortage, inflation, and supply chain concerns persist.

Q3 2021
• SBI 56.6
Small Businesses Show Growing Signs of Caution About the Future
Staffing levels and investment plateau, as concerns about inflation grow.

Q2 2021
• SBI 60.0
Small Business Views of Future Improve
‘Hopeful’ business owners see better economy, expect rising revenue