- Small Business Index Q1 2026
Small Business Index Q1 2026
Small Businesses Express More Concern Over The Economy Amid Uncertainty

The U.S. Chamber of Commerce Small Business Index is designed to take the temperature of the sector, see where small business owners are confident, and where they are experiencing challenges. The quarterly Index conducted by Ipsos elevates the voice of America’s small business owners and highlights the important role they play in the nation’s economy.

Q1 2026: 67.0
The U.S. Chamber of Commerce Small Business Index is 67.0 this quarter, down slightly from last quarter’s Index score of 68.4.
Top Highlights
- 53%
of small business owners mark inflation as their biggest challenge right now.
- 37%
of small businesses expect to increase investment in the next year.
- 28%
of small businesses say the U.S. economy 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.
Explore Past Reports
- Index Falls as Inflation Concerns PersistInflation remains top concern, supply chain worries impact operations.Q4 2025 • SBI 68.4
- Index Rises Despite Mixed Future ExpectationsInflation remains top concern, with future expectations mixed.Q3 2025 • SBI 72.0
- Index Rises Slightly Despite Mixed Future ExpectationsInflation remains top concern, supply chain worries impact operations.Q2 2025 • SBI 65.2


