Sales development at little services slowed throughout June as customers normally invest less throughout the summertime. However, sales are still up compared to this time last year.
This information comes from payments service company Fiserv, which evaluates point-of-sale deal information from little services to track sales patterns for its regularmonthly Small Business Index.
According to the Index, sales dropped by 4 points from May to June, with a 2.9 percent decline in general sales. Fiserv discovered that much of the reduction came from in-person sectors like retail, diningestablishments, and lodgings. However, costs did boost in some locations, like increases in insurancecoverage premiums and digital membership designs.
Prasanna Dhore, chief information officer at Fiserv stated in a declaration, “As the quarter came to a close, customers throttled back both costs and foot traffic throughout re