Table Data - Small Business Credit Survey: Expected Increase in Employment: Employer Firms

Title Small Business Credit Survey: Expected Increase in Employment: Employer Firms
Series ID SBCSS6B0V0FRB
Source Federal Reserve Banks (Fed Small Business)
Release Small Business Credit Survey
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Percent
Date Range 2016-01-01 to 2025-01-01
Last Updated 2026-06-11 1:22 PM CDT
Notes The Small Business Credit Survey (SBCS) is an annual survey of firms with fewer than 500 employees that is fielded from approximately September through November each year. The SBCS is not a random sample; results should be analyzed with awareness of potential biases that are associated with convenience samples.

This series is based on the question: “How does your business expect the following to change over the next 12 months? Employment” with the response options of “Decrease, No change, or Increase” and is the share of firms that expect the number of workers they employ to increase in the 12 months following the fielding of the survey.

See SBCS questionnaires for detailed information on the questions in the survey.
DATE VALUE
2016-01-01 45
2017-01-01 48
2018-01-01 44
2019-01-01 44
2020-01-01 32
2021-01-01 41
2022-01-01 39
2023-01-01 39
2024-01-01 38
2025-01-01 36

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