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Q2 2017: American Small Business Owners Confident Yet Cautious

Jun 06, 2017

Accounting for two-thirds of new jobs and generating more than half the nation's economic output1, there's nothing small about small business.

The MetLife & U.S. Chambe​r of Commerce Small Business Index takes the pulse of this critical segment within the workforce to gauge its outlook on economic and societal trends, resulting in a quarterly Index score. For Q2 2017, the Small Business Index score of 60.6, on a scale of 0 to 100, shows that a majority of small business owners have a positive outlook about their own businesses but it’s tempered by concerns about the national and local economies.

The Index score is the result of extensive interviews from across the small business sector that capture views on operations (overall health, hiring in the past year, cash flow); environment (perceptions on the economy, competition); and expectations (upcoming investment, hiring plans, revenue forecasts).

In Q2 2017, the Small Business Index reflects some interesting drivers:

Explore the full MetLife & U.S. Chamber of Commerce Small Business Index research report at SB​ for additional insights on what your small business clients are thinking about competition, regulatory requirements and the quality of recruits for open positions. Then, check back each quarter for a real-time measure of what’s top of mind for American small businesses.

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