Xero Small Business Insights (XSBI)
We use anonymised and aggregated data to track the performance of, and improve understanding about, small businesses.
Xero Small Business Index
The Xero Small Business Index is a single measure that shows changes in the performance of small businesses from month to month.
The Australian Index
The Australian Small Business Index rose 2 points in January, after falling 28 points in December.
The New Zealand Index
The New Zealand Small Business Index fell 22 points in January, after falling 15 points in December.
The United Kingdom Index
The United Kingdom's Small Business Index rose 7 points in January, after falling 8 points in December.
Small business sales
In Canada and the United States the main indicator we track is small business sales, measured in year-over-year (y/y) terms.
United States sales
Small business sales rose 4.5% y/y in September.
Small business sales rose 3.4% y/y in September.
Global updates and data
This month’s global update
The latest on the state of small businesses around the world.
This month’s data
Download all the Xero Small Business Index data in Excel format.
Small business research hub
For deeper insights and analysis, explore the latest commentary, research, and data from the global small business sector.
Commentary and research
Find the latest economic commentary and research, viewed through a small business lens.
Take a deep dive into specific small business data and topics.
Explore research into the mindset and motivations of small business owners around the world.
Contact us about Xero Small Business Insights
Arming small business owners with simple but powerful insights. If you have any questions, reach out to us.