Fiserv Small Business Index Quarterly Summary Q3 2026

Q3 growth held as price pressures and back-to-school season reshaped demand

The Fiserv Small Business Index for Q3 rose to 145, up 1 point from Q2.

Highlights:

• Overall sales grew +1.7% YoY and +0.8% QoQ
• Foot traffic fell -2.0% YoY and -0.1% QoQ
• Sales continued to grow in Q3, on higher average tickets and a back-to-school bounce 

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 US sales and distribution. This report does not measure Fiserv’s performance.