U.S. Perspectives

Small business economic indicators still relatively strong

Women are more likely than men to need funding to grow their small businesses, according to Visa survey.
Woman standing in front of bakery display.

Visa Small Business Spending Index

Payment volume on Visa business credit cards* (indexed to 1Q2013)
Line chart showing small business spending payment volume growth from 2013 to 3Q2018.
Last actual: Calendar Year 3Q2018
*Payment volume and balances per active account. See methodology notes on page 2 for more details.
Source: Visa data

Spend intention in next three months is highest among millennial and Gen X-owned businesses

Bar chart showing the spend intention in the next three months among millennial Gen X and boomer small business groups.
Source: Visa quarterly national small business survey of approximately 1000 small business owners,
administered by Kelton. Winter survey completed in December 2018