1、VERIZON BUSINESS 4TH ANNUAL STATE OF SMALL BUSINESS SURVEYAU G U S T 2 0 2 3Year Four Results+2+BackgroundVERIZON BUSINESS 4TH ANNUAL STATE OF SMALL BUSINESS SURVEYMETHODOLOGYThis survey was conducted by Morning Consult on behalf of Verizon Business between August 10 August 23,2023 among a national

2、sample of 681 small to midsize business owners and decision makers.The interviews were conducted online.Results from the full survey have a margin of error of+/-4 percentage points.TARGET AUDIENCE Works at a business with 1(sole proprietor)to 500 employees Has decision-making power Works in one of t

3、he following industries(100N per industry):Construction&Contracting,Entertainment&Recreation,Food&Beverage,Hospitality&Accommodation,Retail,Restaurant&Bar TRENDINGData has been trended against previous years where applicable.Year 3 field dates:August 12 August 19,2022 Year 2 field dates:August 5 Aug

4、ust 16,2021 Year 1*field dates:August 26 September 4,2020*The year 1 survey targeted a broader set of eight industries;year one data throughout the report has been filtered to exclude the industries that were not included in years 2,3,and 4.3+Key PointsVERIZON BUSINESS 4TH ANNUAL STATE OF SMALL BUSI

5、NESS SURVEY1.Business owners and decision makers remain concerned about the US economy overall but have grown less concerned about conditions for businesses of all sizes compared to early-pandemic years.About 4 in 5 decision makers say they are very or somewhat concerned about the US economy general

6、ly,consistent with 2022.Concern about businesses of all sizes continues trending down compared to prior years,though concern for small businesses(81%)continues to outpace concern for mid-size(60%)and large(39%)businesses.Fewer express concern about their personal job security(41%).2.Inflation and a