Fiserv Small Business Index®
Fiserv Small Business Index Monthly Summary December 2025
Sales growth driven by higher tickets, core retail, and essentials
The Fiserv Small Business Index rose 1 point in November to 144.
Highlights:
Note: the Fiserv Small Business Index refreshes with updated data on the 2nd of each month
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.