Retail Strength Balances Softer Discretionary Sales, According to October Fiserv Small Business Index

Retail Strength Balances Softer Discretionary Sales, According to October Fiserv Small Business Index

MILWAUKEE--(BUSINESS WIRE)--Nov 3, 2025-

Fiserv SMB Index Steady and other Digital Transactions News briefs from 11/3/25

The Fiserv Small Business Index remained unmoved at 148 in October from September. Both year-over-year sales and transactions were up in October, up 1.5% and 1.1%, respectively, but this was the slowest annual sales growth rate since February, Fiserv Inc. said. Consumers pulled back on their spending at restaurants and other discretionary categories, though small retailers had an uptick in sales, Fiserv said. Payments technology provider ACI Wor…