Amplifying Small Business Voices — New Findings from the Small Business Credit Survey

Small businesses are on the road to recovery, although hiring, supply chain disruptions, and rising costs remain persistent challenges. As small-business owners navigated these challenges through 2022, pandemic-related funding programs ended, and owners turned to other funding sources – including traditional financial institutions and their own savings. How are small businesses doing? How are they accessing credit, and what gaps remain? On April 13, the Federal Reserve Bank of Cleveland held a Connecting Communities webinar exploring new insights from the Federal Reserve Small Business Credit Survey (SBCS) 2023 Report on Employer Firms.