Index Summary

Small Business Confidence Bounces Back

Small Business IndexGraphic indicating the small business index score for the current quarter

This quarter, the MetLife & U.S. Chamber of Commerce Small Business Index rebounded 3.1 points after dropping in the first quarter. The current Index score is 68.7, up from 65.6 last quarter.

This uptick is largely due to more positive perceptions of the national economy (outlooks on local economies were statistically unchanged) and continued optimism about business health and cash flow. Notably, the first quarter survey was taken in the midst of the longest federal government shutdown in history, which may have dented optimism in the short term. Some of the key findings this quarter include:

Q2 Index Highlights

Small Business Index: Historical ContextGraphic indicating the small business index scores from Q2 2017 to Q2 2019