U.S. Small Business Index: overall health of business Q1 2019-Q2 2024

Published by Statista Research Department, Aug 26, 2024

In the second quarter of 2024, 61 percent of surveyed small business owners indicated that the health of their business was in good shape. A further 24 percent of respondents said the health of their business was about average. At the end of 2019, small businesses in "very good" health peaked at 43 percent. By the end of 2020, this number fell to 25 percent in the wake of the COVID-19 pandemic.

Small Business Index in the United States from the first quarter of 2019 to the second quarter of 2024

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Release date

July 2024

Region

United States

Survey time period

Q1 2019 to Q2 2024

Number of respondents

750 respondents

Age group

18 years and older

Special properties

small business owners and operators

Method of interview

Online interview

Supplementary notes

Survey question: how would you rate the overall health of your business?

The Q2 2024 survey was conducted between April 19 and May 6, 2024. 

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