Small Business Index

Infographic: Q3 2016 Small Business Index

Insights on small business owners in Q3 2016.

Published: August 04, 2016
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Index reading

Small business optimism inches up in the third quarter. The overall index score is 68, up 4 points from 64 in Q2.

Cash flow

In the Q3 survey, small business owners reported improvements in the rating of their company's cash flow over the past 12 months, and an increase in ease of obtaining credit. Cash was up 60% from 55% last quarter.

Ease of obtaining credit

36% of business owners said it's very or somewhat easy to obtain credit, its highest reading since Q4 2008.

Small business owners and the 2016 presidential election

In terms of the presidential election, 54% of business owners said they understand the candidates' positions extremely or very well on issues that would affect small businesses, compared to 47% in April. 33% of business owners said they feel the candidates are discussing the issues most important to them as small business owners, compared to 28% in April.

Small business owners and payment trends

In the July survey, business owners reported the top three forms of payments their businesses accept. 90% accept checks. 72% accept cash. 53% accept mailed payments via printed check from a bill-pay service. 51% of small businesses that currently use point-of-sale card systems now accept EMV chip cards, up from 31% a year ago.

The Wells Fargo/Gallup Small Business Index is calculated from a quarterly survey of 603 small business owners and measures current and future perceptions of their business financial situation. More information can be found at https://wellsfargoworks.com/small-business-optimism-up-slightly-in-third-quarter. © 2016 Wells Fargo Bank, N.A. All rights reserved. Member FDIC. August 4, 2016

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Small Business Index

Infographic: Q2 2016 Small Business Index

Insights on small business owners in Q2 2016.

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Wells Fargo survey: Small business optimism up slightly in third quarter

Business owners report improved cash flow and access to credit, according to Wells Fargo/Gallup Small Business Index.

Press Release - Wells Fargo survey: Small business optimism up slightly in third quarter
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Q3 2016 Small Business Index Survey Results

View the complete results from Wells Fargo/Gallup's Q3 2016 Small Business Index.

Study - Q3 2016 Small Business Index Survey Results