Small Business Momentum Survey
*The Index is comprised of three core indicators, including business decisions to hire staff or purchase capital equipment, their recent performance and expectations of their near-term performance.The Index measures current sentiment and business performance relative to recent levels. A recording above 100 implies businesses are in an expansionary phase and picking up momentum. A recording below 100 implies businesses are in a contractionary phase and slowing down in momentum.
These statistics are drawn from the results of an online survey completed by over 600 businesses across NSW, between 1 – 31 January 2024.
The Commission works to help resolve issues affecting small businesses across the State and influence meaningful change.
To this end, the Commission conducts a monthly survey to measure the confidence and performance of small businesses across NSW. The Commission will also conduct ad hoc surveys from time to time on specific issues.
Surveys are conducted through an online platform and responses provided by small businesses are treated confidentially.
Any questions or feedback regarding the survey may be sent to firstname.lastname@example.org