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April Small Business Sales Improved from March, Though Consumers Continue to Trim Discretionary Spending

1. Fiserv's Small Business Index rose to 151 in April 2025. 2. Consumers are shifting toward essential spending amid economic changes.

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Why Bullish?

An increase in the Small Business Index suggests improved consumer confidence and spending, historically linked to positive impacts on payments firms like Fiserv, which tend to benefit from higher transaction volumes during such periods.

How important is it?

The increase in the Small Business Index is a positive signal for Fiserv's businesses, likely influencing stock performance in the near term driven by consumer behavior changes.

Why Short Term?

The immediate shift in consumer behavior, especially during National Small Business Week, suggests rapid impact but may normalize soon after.

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VMASQADBE
MILWAUKEE--(BUSINESS WIRE)--Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, has published the Fiserv Small Business Index for April 2025, with the seasonally-adjusted Index at 151, a one point increase from March. As National Small Business Week begins in the U.S., consumers are making notable shifts in purchasing behavior – spending more on the essentials, trimming back discretionary purchases, and spending less when they choose to dine out. “E.

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