2025 Small Business Credit Survey Now Open, Partners With Youngstown/Warren Regional Chamber

Strategic Insights -

Local businesses with fewer than 500 employees are invited to participate in the 2025 Small Business Credit Survey (SBCS), a national survey conducted by the Federal Reserve. The Youngstown/Warren Regional Chamber of Commerce Foundation is partnering with the Fed to encourage local businesses to share their experiences about debt, financial conditions, and more. The survey, which takes about 12 minutes to complete, will inform the Federal Reserve, federal agencies, service providers, and policymakers about the changes in the small-business credit environment.

Key Takeaways:

  • The 2025 Small Business Credit Survey (SBCS) is a national survey of small-business owners, conducted annually since 2016.
  • The survey captures the perspectives of businesses with fewer than 500 employees, using weighted data from the U.S. Census Bureau to reflect industry, age, size, geography, and owner demographics.
  • The survey includes two key areas: firm performance and challenges, and financing needs and borrower experiences.
  • Participants can share their recent experiences about debt, financial conditions, and more, providing valuable insights into how changes in the small-business credit environment affect businesses.
  • The survey is conducted in partnership with business and industry associations, local agencies, and nonprofits.
  • Reports from the survey are released beginning in the spring, providing a public good that benefits participating businesses and others like them.
  • The Federal Reserve, federal agencies, service providers, and policymakers use the survey results to inform their decisions and policies.
  • The survey is now open, and owners and key financial decision-makers of for-profit businesses are invited to participate.

Statistics:

  • The survey takes about 12 minutes to complete.
  • The survey has been conducted annually since 2016.
  • The survey is conducted in partnership with the Youngstown/Warren Regional Chamber of Commerce Foundation and other similar organizations.
  • The survey captures the perspectives of businesses with fewer than 500 employees.
  • The survey uses weighted data from the U.S. Census Bureau to reflect industry, age, size, geography, and owner demographics.

Sources:

  • Youngstown Warren Regional Chamber of Commerce Foundation
  • Federal Reserve Bank of Cleveland
  • U.S. Census Bureau
  • Federal Reserve Banks