Fiserv Small Business Index®

Asheville MSA Review – Hurricane Helene 1 year anniversary

The contours of Asheville’s small business recovery.

 

Despite significant losses, Asheville’s small businesses continue to show resilience.

 

Highlights:

  • The market is down at least $563 million in lost small business sales, 85% of which was in services.
  • Key losses were suffered in small business restaurants, hotels, retail.
  • Almost a year post-hurricane, growth is solid for small business contractors, charitable organizations, groceries, pockets of retail.

Note: The Fiserv Small Business Index estimates are based on trended data, does not attempt to forecast marketplace performance.

Disclaimer: Small businesses are identified per the Small Business Administration definitions and extrapolated to reflect total U.S. sales and distribution. This report does not represent Fiserv financial performance.