Washington, D.C. — The U.S. Chamber of Commerce has released its Q1 2026 Small Business Index, offering a snapshot of how small business owners across the country are feeling about the economy, their operations, and future growth.
The latest index shows moderating confidence among small businesses, as owners continue to navigate rising costs, economic uncertainty, and workforce challenges, while still maintaining a level of resilience heading into 2026.
Key Findings from Q1 2026:
- Slight dip in overall confidence: The Small Business Index score measured 68.4, reflecting a modest decline from previous quarters.
- Ongoing economic concerns: Inflation and cost pressures remain top challenges, influencing how businesses plan for hiring, investment, and growth.
- Cautious optimism remains: While confidence has softened, many small business owners still report stability in their own operations and continue to look for opportunities to grow.
- Planning for the future: Business owners are taking a more measured approach to expansion, balancing optimism with careful financial and operational decision-making.
The quarterly index, produced in partnership with MetLife, is one of the most comprehensive snapshots of small business sentiment in the United States and highlights the evolving challenges and opportunities shaping Main Street.

