top of page
  • Writer's pictureGreater Cheyenne Chamber

Things Are Looking Up For Small Business

Small businesses are seeing the light at the end of the COVID-19 tunnel, according to the U.S. Chamber of Commerce’s Small Business Index. Small business owners are feeling much more optimistic about both their present and future success, with more owners saying the economy is in good health, their business is doing well, and they’re seeing higher cash flows. The Small Business Index has jumped from 63.1 to 69.2 from Q2 to this quarter.

Yes, but: While these improvements are exciting to see, there are still problems facing small businesses. The majority of owners say they’re concerned about inflation, listing it as their main concern. The rest of the top six issues were ranked in the following order:

  1. Supply chain issues

  2. Revenue

  3. Rising interest rates

  4. Employee retention

  5. Affording employee benefits/healthcare

Despite these problems, small businesses are looking the most positive they have been since before the pandemic struck. To see more details from the latest Small Business Index reports, check out this article from the U.S. Chamber of Commerce.


Recent Posts

See All

A Conversation To Combat Crime

Crime rates are rising in our city – and Sheriff Brian Kozak is looking to stop it! Join us at our upcoming November luncheon this Friday, where Sheriff Kozak will be sharing with the Cheyenne busines

The Detroit Three Strike Has Hit The Brakes🚦

After a momentous six-week long strike, the United Auto Workers and General Motors have come to a tentative agreement over new labor terms. GM was the last of the Detroit Three to reach some sort of d


bottom of page