Federal Reserve Releases 2025 Small Business Credit Survey Findings, Highlighting AI Adoption

In a speech at the State of Small Business Symposium, Federal Reserve Governor Lisa D. Cook announced the release of the full 2025 Small Business Credit Survey (SBCS). The survey, now a national effort, provides data on U.S. firms with fewer than 500 employees, covering 61 percent of net new job creation since 1995. Cook noted that nearly half of small employer firms reported using artificial intelligence and that 71 percent of those said AI increased productivity. The SBCS also tracks credit access, financing needs, and operational challenges, offering researchers and policymakers insights into small‑business finances. The data are available for further analysis by scholars, practitioners and policymakers.

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