Small Industry Outlook
The Small Industry Outlook analyzes, on a quarterly basis, small industry data collected by the Industrial Survey, Construction Industry Survey, and Business Confidence Index. The Outlook includes three new indices: the Performance Index, which measures the performance of small industry activity in the quarter; the Financial Situation Index, which assesses the financial situation of small enterprises; and the Outlook Index, which reveals business expectations. The survey also analyzes the main problems faced by small industry and the behavior of the ICEI index, considering only small companies.
Business owners report lack of confidence and worsening financial situation
The Industrial Entrepreneur Confidence Index (ICEI) for small businesses signaled a lack of confidence, and the Financial Situation Index showed a decline, indicating worse financial conditions.
5/12/2023
