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51³Ô¹ÏÍø½ñÈÕ³Ô¹Ï Small Business Index®

March 2025 Overview

Small business sales spring forward on services and restaurant spending

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The 51³Ô¹ÏÍø½ñÈÕ³Ô¹Ï Small Business Index increased 3 points in March to 150.

Highlights:

  • Overall sales growth accelerated to +5.5% YoY, +1.8% MoMÌý
  • Consumers continued to dine out, but pulled back from retail spending
  • Seasonal demands aided discretionary spending

Note:ÌýThe 51³Ô¹ÏÍø½ñÈÕ³Ô¹Ï Small Business Index refreshes with updated data on the 2nd of each month.


Disclaimer:ÌýSmall businesses are identified per the Small Business Administration definitions and extrapolated to reflect total U.S. sales and distribution. This report does not measure 51³Ô¹ÏÍø½ñÈճԹϒs financial performance.

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