Latest Monthly Polling

SBIQ Methodology

This survey provides a snapshot of the JCN Foundation’s Small Business Intelligence Quotient (SBIQ)–an index tracking overall small business optimism. The indicator will be tracked monthly to identify trends at-large and among key small business employer segments. The SBIQ is based on seven key elements:

  • Employer’s Current Business Conditions
  • Condition of U.S. Economy Today
  • Current Climate for Small Businesses
  • Direction of Employer’s Business Over Next 3-Months
  • Employer’s Plans for Hiring Over Next 3-Months
  • Direction of U.S. Economy
  • Direction of Climate for Small Businesses

The SBIQ is calculated on a scale from 0 to 100, with 100 being best possible conditions and 0 being worst possible conditions. A score of 50 is neutral, anything above 50 is positive and anything below is negative. To calculate the scores, point values are applied to each response and multiplied by the share of respondents giving that answer.

More Polling Results

February 19, 2024 Economy Small Business

How would you rate Joe Biden’s job performance helping small businesses?

February 19, 2024 Economy Small Business

Is Bidenomics good or bad for the economy and your business?

February 19, 2024 Economy Inflation

If your business has faced price increases, are they more, the same, or less than inflation?

February 19, 2024 Economy

Have costs of doing business gone down?

February 19, 2024 Economy

Are you concerned that economic conditions could force you to close your business?

Historical SBIQ

Current Conditions Rating Over Time

Future Expectations Rating Over Time

Biggest Concerns for Business Owners in January 2024

Percentage Concerned