Fiserv Small Business Index Climbs 145; June Sales Up 2.4%
FISV•Fiserv's Small Business Index rose to 145 in June, driven by 2.4% year-over-year sales growth and 0.8% month-over-month gains. Higher average ticket values (+3.7%) and a 3.0% retail sales rebound underscore sustained payment processing volume expansion.
1. Index Growth
Fiserv's Small Business Index increased to 145 in June, reflecting 2.4% year-over-year sales growth and 0.8% month-over-month gains driven by higher average tickets.
2. Retail and Consumer Spending
Retail sales rose 3.0% year-over-year and 1.5% month-over-month, supported by a 2.7% year-over-year transaction increase and stronger foot traffic in categories such as clothing and sporting goods.
3. Ticket Values and Transactions
Average ticket values across small businesses grew 3.7% year-over-year, while transaction volume declined 1.3% annually but improved by 0.5% month-over-month, indicating stabilization in consumer spending.
4. Sector Performance
Gasoline station sales surged 15.3% year-over-year despite a 4.7% monthly drop, and goods sales grew 3.0% yearly, outpacing services where transactions fell 2.7% year-over-year.
