Data and Research

March 2025 Small Business Data Outlook: Rising Uncertainty is Causing Concern
March 14, 2025Summary: Small business owners are positive about their finances, but are pausing expansion plans because of inflation. 69% of small business…

February 2025 Small Business Data Outlook: High Levels of Optimism Emerge
February 17, 2025Summary: Job market softens and finding qualified and willing employees remains a strong headwind for Main Street employers. 35% of small…

What Role Do Small Businesses Play in the Economy?
January 13, 2025USA Facts Nov. 19, 2024 What’s Considered A Small Business? The Small Business Administration (SBA) generally defines any independent business with fewer…

January 2025 Small Business Data Outlook: Signs of Strength at Start of 2025
January 8, 2025Summary: Headwinds of worker shortages remain strong and are a barrier for growth on Main Street. 35% of small businesses reported…

Regulatory Compliance and Pressures Weigh on Small-Business Owners
December 18, 2024Inc. Sarah Lynch Dec. 16, 2024 Small-business owners are bogged down. According to the MetLife and U.S. Chamber of Commerce…

U.S. Small Business Owners Optimistic Sentiment Nears Highest in 3.5 Years This November
December 12, 2024Reuters Lucia Mutikani Dec. 10, 2024 U.S. small-business confidence surged to the highest level in nearly 3-1/2 years in November…

December 2024 Small Business Outlook: Confidence Continues to Rise
December 9, 2024Summary: Small employers expect to pay more for talent and are still bullish on hiring. 36% of small businesses reported job…

November 2024 Small Business Outlook: Optimism for 2025 Continues to Grow
November 19, 2024Summary: Plans for growth continue to move upward. 92% of small business owners expect moderate to significant growth in the…

Consumers Ready to Spend More at Small Businesses This Holiday Shopping Season
November 18, 2024PRNewswire Oct. 31, 2024 Consumers are in a giving mood this year, not just toward their friends and families, but…

Chamber’s Sandy K. Baruah to Discuss Michiganders’ Views on the Economy and Democracy During Forum on the Future, Oct. 21
September 18, 2024Join the Detroit Regional Chamber’s President and Chief Executive Officer, Sandy K. Baruah, on Monday, Oct. 21, 5:30-9 p.m. at…

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