U.S. Small Business Index (Gallup/Wells Fargo) 2011-2020

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This survey shows the Wells Fargo / Gallup U.S. Small Business Index from 2011 to 2020. In the fourth quarter of 2020, the small business index score was 72, an increase of 12 points from the third quarter of 2020, but a significant decrease from the first quarter of 2020, when the index had a value of 132.

U.S. Small Business Index (Gallup/Wells Fargo) from 2011 to 2020

Characteristic	Index
Q1 '11	12
Q2 '11	0
Q3 '11	0
Q4 '11	-3
Q1 '12	15
Q2 '12	23
Q3 '12	17
Q4 '12	-11
Q1 '13	9
Q2 '13	16
Q3 '13	25
Q4 '13	24
Q1 '14	45
Q2 '14	47
Q3 '14	49
Q4 '14	58
Q1 '15	71
Q2 '15	64
Q3 '15	59
Q4 '15	54
Q1 '16	67
Q2 '16	64
Q3 '16	68
Q4 '16	80
Q1 '17	100
Q2 '17	95
Q3 '17	106
Q4 '17	103
Q1 '18	107
Q2 '18	106
Q3 '18	118
Q4 '18	129
Q1 '19	106
Q2 '19	129
Q3 '19	136
Q4 '19	142
Q1 '20	132
Q2 '20	48
Q3 '20	60
Q4 '20	72

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Release date

December 2020

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Region

United States

Survey time period

2011 to 2020

Supplementary notes

The Wells Fargo/Gallup Small Business Index surveys small business owners on current and future perceptions of their business financial situation. Results are based on telephone interviews with small business owners in all 50 United States.
The Index is composed of two dimensions:
1. Owners’ ratings of the current economic situation of their businesses;
2. Owners’ ratings of how they expect their businesses to perform over the next 12 months.
The Index is computed using a formula that scores and sums the answers to 12 questions (six about the present situation and six about the future). An Index score of zero indicates a neutral view about the economic situation. The Small Business Index can range from -400 (most negative) to +400 (most positive).

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