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 industrial confidence has remained in negative territory for twenty months
In July 2026, the Industrial Business Confidence Index (ICEI) for small industrial companies stood at 46.2 points, marking 20 consecutive months of lack of confidence among small business industrial entrepreneurs. Meanwhile, expectations remained moderate, with the Expectations Index fluctuating around its historical average. In the second quarter, the Small Industries Performance Index showed modest improvement and remained above its historical average for the period. The Financial Situation Index, however, remained below the 50-point threshold, indicating that entrepreneurs continued to be dissatisfied with the financial situation of their companies, although the result was above the historical average for the second quarter.
July 31, 2026
