2026年主街指标：小企业信贷调查的时间趋势

Trends over Time from theSmall Business Credit Survey Published March 2026 Acknowledgments Report team Jordan Manes, Federal Reserve Bank of ClevelandAnn Marie Wiersch, Federal Reserve Bank of Cleveland Please direct media inquiries to Chuck Soder atchuck.soder@clev.frb.org. Please direct inquiries about research and data in this report toHal Martin, Policy Economist and Director of the Small Business Credit Survey, athal.martin@clev.frb.org. The Small Business Credit Survey is made possible through collaboration with business and civic organizations in communities acrossthe United States. The Federal Reserve Banks thank the national, regional, and community partners who share valuable insights aboutsmall business financing needs and collaborate with us to distribute and promote the survey. Special thanks to colleagues within the Federal Reserve System, especially the community affairs officers, for their ongoing support. TheSmall Business Credit Survey is the result of the collaborative effort and input of individuals across the Federal Reserve System. Suggested citation “2026 Main Street Metrics: Trends over Time from the Small Business Credit Survey.” 2026.Small Business Credit Survey. Federal Reserve Banks. https://doi.org/10.55350/sbcs-20260323 This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International license. 2026 Main Street Metrics:Trends over Time from the Small Business Credit Survey About the Small Business CreditSurvey and this publication The Small Business Credit Survey (SBCS) is an annual survey of firms with fewer than 500 employees. In theSBCS questionnaire, respondents are asked to report information about their business performance,financing needs, and application experiences. Responses to the SBCS provide insights on the dynamicsbehind lending trends and shed light on various segments of the small business population. The SBCS is nota random sample; results should be analyzed with awareness of potential biases that are associated withconvenience samples. For detailed information about the survey design and weighting methodology, pleasevisitfedsmallbusiness.org/our-data/methodology. The SBCS has been fielded nationally since 2016,1and as such, provides information on business trends overtime. This publication summarizes time-series data for employer firms on 11 SBCS metrics. Time-series databy firm and owner demographics can be found in the accompanyingappendix fileavailable atfedsmallbusiness.org. See page 4 for details. For more Small Business Credit Survey content, visitfedsmallbusiness.org. Trends by Firm andOwner Demographics Theappendix fileaccompanying this report provides over-time data by firm and owner characteristicsin the following categories. Revenue growth, prior 12 months(% of employer firms) Employment growth, prior 12 months(% of employer firms) 2016 Survey2017 Survey 2018 Survey 2019 Survey 2020 Survey 2021 Survey 2022 Survey 2023 Survey 2024 Survey 2025 Survey Revenue growth expectations, next 12 months(% of employer firms) 2016 Survey2017 Survey 2018 Survey 2019 Survey 2020 Survey 2021 Survey 2022 Survey 2023 Survey 2024 Survey 2025 Survey Employment growth expectations, next 12 months(% of employer firms) Profitability, end of prior year(% of employer firms) 2016 Survey2017 Survey 2018 Survey 2019 Survey 2020 Survey 2021 Survey 2022 Survey 2023 Survey 2024 Survey 2025 Survey Share of firms with financial challenges, prior 12 months(% of employer firms) Notes: Chart presents the share of employer firms that selected one or more financial challenges from a list of response options or entered a separate challenge in the “other”field. The response options included, but were not limited to, “weak sales,” “paying operating expenses,” “making payments on debt,” “uneven cash flow,” and “credit availability.”Response options presented in the question varied somewhat by survey year to reflect changing conditions. Comparable data for 2016 are not available. SeeSBCS questionnairesfor question details. See note on page 3 for details on time period definitions used in the SBCS. 2026 Main Street Metrics:Trends over Time from the Small Business Credit Survey Share of firms that used the owner’s personal funds inresponse to financial challenges, prior 12 months(% of employer firms with financial challenges) Share of firms in fair or poor financial condition(% of employer firms) Share of firms with debt outstanding (% of employer firms) Application rate for new financing, prior 12 months(% of employer firms) Share of financing applicants fully approved,prior 12 months (% of employer firm applicants) 2016 Survey2017 Survey 2018 Survey 2019 Survey 2020 Survey 2021 Survey 2022 Survey 2023 Survey 2024 Survey 2025 Survey