Abstract: A method may include obtaining merchant data for a plurality of merchants, adjusting the merchant data to obtain adjusted data based upon a ratio of data types in the merchant data, performing a first filtering operation on the plurality of merchants for identifying a first subset of small business merchants from the plurality of merchants, performing a second filtering operation on the first subset of small business merchants for identifying a second subset of small business merchants, applying one or more rules to the adjusted data of the second subset of small business merchants associated with a pre-determined criteria to obtain processed data for the second subset of small business merchants, calculating an index value for the second subset of small business merchants, and generating a report analyzing a trend based on the index value, the report comprising additional information for the second subset of small business merchants.