2016 Small Business Credit Survey

To learn more about business conditions and the financing needs of small businesses, the 12 Federal Reserve Banks collaborated on the 2016 Small Business Credit Survey (SBCS). The survey, conducted between September and December of 2016, gathered responses from more than 10,000 firms in all 50 states. For more information and background on the SBCS, click here.


2016 Small Business Credit Survey: Report on Employer Firms

Results from the 2016 survey showed that while many small businesses with employees were profitable and optimistic in 2016, a significant majority faced financial challenges, experienced funding gaps and relied on personal finances. The Small Business Credit Survey (SBCS) is a national collaboration of the 12 Reserve Banks of the Federal Reserve System that provides intelligence on small business financial needs, decisions and outcomes to policymakers, researchers and service providers.


Check here for related Small Business content, including analyses, other credit-survey results, commentary, and more.