IPA Small Business Confidence Index (IPA SBCI)

In our first survey of 2006, we introduced the IPA Small Business Confidence Index (IPA SBCI).

This index measures small business expectations about revenue growth, the general economy and hiring. As of January 2006, the index stood at 52. Small business is nearly as confident as it was in the first quarter of 2005, when the index stood at 55.3.

About the IPA SBCI

The IPA SBCI now becomes a component of all future IPA SBRB surveys. The IPA Small Business Confidence Index was developed to provide an ongoing view of the business climate from the small business perspective each quarter. The index will also show how small businesses are reacting and responding to swings in economic and business conditions over time.