Thank you
Thank you for sharing your perspective on small business conditions. Your response helps the Federal Reserve better understand developments in this important segment of the economy.
Did you know?
The 12 Reserve Banks of the Federal Reserve System field a survey of small businesses that reaches more than 10,000 firms annually. The Small Business Credit Survey (SBCS) provides timely insights on small business conditions to policymakers, service providers, and lenders.
Become a partner
Join the hundreds of organizations that distribute our annual Small Business Credit Survey to their small business networks each fall. Partners receive a custom survey link and marketing toolkit to share with your contacts. All partners that draw at least 50 responses will receive individualized reports so they can compare the experiences of businesses in their networks with the national sample. Become a distribution partner.
Read small business research
Explore some of our recent reports below. You can find more work on a variety of small business topics at fedsmallbusiness.org
2025 Report on Employer Firms
Employment growth held steady between the 2023 and 2024 surveys. However, firms were more likely to report that revenues decreased rather than increased in the prior 12 months. Application rates for financing remained stable, as did approvals.
2024 Report on Startup Firms
The Small Business Credit Survey provides insights on different types of firms of various ages: from small startup nonemployer firms to well-established employer businesses. This report looks at what these firms have in common and how they differ.
2024 Main Street Metrics
This chartbook presents over-time trends on small business performance and financing metrics using Small Business Credit Survey data from 2016 through 2023.
2024 Report on Payments
This report summarizes data from the 2023 Small Business Credit Survey on small firms' payments practices and challenges.
2024 Firms in Focus chartbooks on small business data
These 43 chartbooks help researchers easily compare small business data. They break down the data from the Federal Reserve’s 2023 Small Business Credit Survey by business characteristics, owner demographics, and geographic location (states and metropolitan statistical areas).
2024 Report on Employer Firms
Firm revenue and employment growth held mostly steady between 2022 and 2023 but lagged prepandemic levels. Application rates for financing declined, and approvals remained little changed.