Fiserv Small Business Index now offers inflation-adjusted results

A new capability to view the Fiserv Small Business Index (FSBI) in inflation-adjusted terms, offering a lens on the real economic activity of small businesses.

Highlights:

• FSBI uses publicly available consumer price index (CPI) metrics published by the U.S. government to calculate the inflation adjustment.
• Deflating (or “adjusting”) for specific categories reveals real growth and the real prices consumers pay per transaction, without the distortion of price fluctuations.
• As an example, restaurant customers paid a +26% premium in March over the “real” average ticket, leading consumers to adopt various coping strategies.

Note: The Fiserv Small Business Index refreshes with updated data on the 2nd of each month

Disclaimer: Small businesses are defined by the U.S. Small Business Administration definitions and extrapolated to reflect total U.S. sales and distribution. The Fiserv Small Business Index does not reflect Fiserv financial performance.