Average real monthly revenue for small businesses with 1-9 employees (seasonally adjusted). Values are in 2017 dollars. National sample: almost 333,000 small businesses that run payroll with QuickBooks.

Note: The Index uses QuickBooks anonymized data to create aggregated data outputs which are normalized against official statistics to reflect the general population of small businesses, rather than the QuickBooks customer base. It is not a reflection of Intuit’s business.