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Resilient and Ready: Comerica Bank Survey Finds Small Businesses Poised for Growth in 2026 Despite Tariff and Inflation Pressures

A nationwide survey shows 80% of small businesses expect growth in 2026 despite challenges like tariffs and inflation, with 57% planning capital investments averaging $109,000.

  • On Dec. 9, 2025 Comerica Bank released the Comerica Small Business Pulse Index showing 80% of 1,013 small business owners are confident and 79% expect sales growth in 2026.
  • After a year marked by tariffs, inflation, and the 43-day federal government shutdown , Comerica's survey found confidence peaks in the South at 83%.
  • Larry Franco noted capital plans show 57% of respondents will make expenditures in 2026, averaging $109,000, with technology firms planning about 187,000, while 23% take loans.
  • Reporting negative impacts, nearly 3 in 10 owners said they faced challenges, and nearly 1 in 5 businesses have delayed or plan to scale back capital expenditures.
  • Policy shifts, including tariffs and rate cuts, suggest challenges as 42% report negative effects from tariffs introduced in 2025, while the Comerica Small Business Index remains optimistic at 55.5 in Q4 2025.
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Resilient and Ready: Comerica Bank Survey Finds Small Businesses Poised for Growth in 2026 Despite Tariff and Inflation Pressures

Comerica Small Business Pulse Index™ recedes slightly from third to fourth quarters of 2025, but remains squarely optimistic80% remain confident in business outlook; optimism strongest in the South and among tech firms, tariffs weigh heavily on retail and manufacturing

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PR Newswire broke the news in United States on Tuesday, December 9, 2025.
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