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October sales show small businesses enter holidays with ‘momentum’

Small business sales inched up from September to October, signaling positive momentum as consumers are set to begin holiday shopping.

The Fiserv Small Business Index for October 2026 found that overall sales increased 0.3% month over month. Sales rose 2.3% over October of last year, marking the strongest year-over-year gain since July 2025.

“Small businesses are entering the holiday season with encouraging momentum on both spending and customer activity,” said Prasanna Dhore, chief data officer at Fiserv. “October’s monthly sales gains come from more purchases, not larger tickets. Sustaining that momentum as holiday shopping accelerates will be the next signal to watch.”

Fiserv: October sales show small businesses enter holidays with ‘momentum’ | Chain Store Age

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