Rosy December for small business sales, but restaurants are left …

Jan 21, 2025 · Rosy December for small business sales, but restaurants are left out. ... Small businesses had a merry December, ... found that small business sales rose 4.9% and total …

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Rosy December For Small Business Sales, But Restaurants Are Left …

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Jan 21, 2025 · Rosy December for small business sales, but restaurants are left out. ... Small businesses had a merry December, ... found that small business sales rose 4.9% and total …

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Rosy December For Small Business Sales, But Restaurants Are Left Out

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Fiserv, a payment and financial services technology company, found that small business sales rose 4.9% and total transactions grew 5.5% from December the year prior. Retail spending …

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Rosy December For Small Business Sales, But Restaurants Are Left Out

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Jan 21, 2025 · For the holiday period in 2023, sales increased 3.9% compared with the previous two-month period. The holiday sales growth was above the group’s expectations for a 2.5% to …

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Rosy December For Small Business Sales, But Restaurants Are Left …

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Jan 21, 2025 · Restaurants, however, were weaker. Sales fell 3.4% from December a year ago, even though transactions rose 4.1%. Full-service restaurants, including upscale and family …

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How did small businesses perform in December?

Retail spending at small businesses remained a high point. Retail sales rose 4.9% and transactions rose 5.8% in December. The strongest selling categories were general merchandise, clothing, shoes and jewelry retailers, furniture, electronics, appliances and grocery. Restaurants, however, were weaker. ...

How did the retail sector perform in December?

Retail spending at small businesses stood out, with sales climbing 4.9 percent and transactions up 5.8 percent in December. Top-performing categories included general merchandise, clothing, shoes, jewelry, furniture, electronics, appliances, and groceries. However, the restaurant sector faced challenges. ...

How did retail sales perform in December?

This growth mirrored trends at larger retailers. The National Retail Federation noted holiday sales for November and December rose 4 percent to US$994.1 billion, exceeding its forecast of a 2.5 percent to 3.5 percent increase. Retail spending at small businesses stood out, with sales climbing 4.9 percent and transactions up 5.8 percent in December. ...

Why did small businesses have a Merry December?

The disparity in sales and transactions was the result of a significant reduction in average ticket size, down 7.4%, compared to 2023. Anderson reports for The Associated Press on a wide range of issues that small businesses face. She is based in New York. Small businesses had a merry December, as shoppers wrapped up their holiday shopping. ...

How did retail sales perform during the holiday period?

Retail sales at small businesses climbed 4.9%, while transactions increased by 5.8%. Despite a decline in restaurant sales by 3.4%, transactions grew 4.1%. The holiday period reported a notable 4% rise in sales, surpassing expectations. ...

Did small businesses have a Merry December 2024?

FILE - Shoppers walk on the Michigan Avenue in downtown Chicago, Dec. 15, 2024. (AP Photo/Nam Y. Huh, File) NEW YORK (AP) — Small businesses had a merry December, as shoppers wrapped up their holiday shopping. That's according to the Fiserv Small Business Index. ...