Monthly UpdateJul 6, 2026, 08:32 AM
Fiserv Small Business Index: Sales Up 2.4% YoY, 0.8% MoM
AI Summary
Fiserv published its Small Business Index for June 2026, indicating steady short-term expansion with the index rising to 145. Overall sales increased +2.4% year-over-year and +0.8% month-over-month, primarily driven by higher average tickets. While transactions continued a year-over-year decline, they showed month-over-month improvement, signaling some stabilization. Retail sales bounced back, and a rebalancing of consumer spending towards goods was observed, though persistent inflation continues to shape behavior.
Key Highlights
- Fiserv Small Business Index increased to 145 in June 2026.
- Overall sales rose +2.4% year-over-year and +0.8% month-over-month.
- Average tickets increased +3.7% compared to 2025, driving growth.
- Transactions continued year-over-year downward trend (-1.3%) but improved +0.5% month-over-month.
- Retail sales increased +3.0% year-over-year and +1.5% month-over-month.
- Restaurant sales edged up +0.2% year-over-year, driven by higher average tickets (+3.3%).
- Gasoline Station sales increased +15.3% year-over-year but declined -4.7% month-over-month.
- Goods sales rose +3.0% year-over-year, while Services grew +2.1% year-over-year.
Price Impact
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