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Sign InReflecting the resilience of consumer spending despite inflationary pressures, recent data shows that US small business sales grew in June 2026. According to the Fiserv Small Business Index, the sector experienced steady expansion driven by increases in both nominal sales and total transaction volumes. This growth is primarily attributed to a rebound in the retail sector and an increase in the average ticket size per transaction, signaling continued liquidity flow in local markets.
This positive performance comes at a time when other economic indicators show mixed consumer sentiment; the CB Consumer Confidence index reached 91.2 in late June, falling short of the 94.4 forecast per market data. Looking at peers in the payment processing space, Block (SQ) previously reported an 11% year-over-year growth in Gross Payment Volume (GPV) in its latest earnings, reinforcing the broader trend of digital payment growth within the small business segment.
In the equity markets, shares of FI (Fiserv, Inc.) stood at $65.73 (at close December 8, 2025), with a trading range between $65.43 and $67.45 during that session. Investors are closely monitoring labor market dynamics, such as the JOLTs Job Openings which recently printed at 7.594 million, to assess how employment strength will impact the sustained purchasing power of small businesses in the coming months.