Small Industry Outlook
The Small Industry Outlook analyzes, on a quarterly basis, small industry data collected by the Industrial Survey, Construction Industry Survey, and Business Confidence Index. The Outlook includes three new indices: the Performance Index, which measures the performance of small industry activity in the quarter; the Financial Situation Index, which assesses the financial situation of small enterprises; and the Outlook Index, which reveals business expectations. The survey also analyzes the main problems faced by small industry and the behavior of the ICEI index, considering only small companies.
Small-scale industries face worsening performance and point to tax load and interest rates as primary issues
By the third quarter of 2025, the "High tax load" and "High interest rates" remained at the top of the ranking of primary problems faced by small-scale Manufacturing and Construction industries. The performance and financial situation of small-scale industries worsened in the third quarter of 2025 compared to the same period in 2024.
November 14, 2025
