Comerica Small Business Pulse Index™
Small Business Pulse - Q4 2025
After a year marked by economic uncertainty, policy shifts, and a historic government shutdown, America's small businesses are entering 2026 with strength and resolve. According to the latest edition of the Comerica Small Business Pulse Index™, 80% of surveyed small business owners are confident in their future success, and nearly 8 in 10 (79%) expect sales growth in the coming year – underscoring the sector's adaptability amid challenging conditions.
Featured Contributors
Bill Adams
SVP, Chief Economist
Comerica Bank
Comerica Bank
Bill leads Comerica's Economics Department, providing research and analysis that impact the bank's key markets, as well as business leaders and policy makers throughout the country.
Lisa R. Featherngill
CFP®
SVP, National Director of Strategic Wealth and Business Advisory
Comerica Wealth Management
SVP, National Director of Strategic Wealth and Business Advisory
Comerica Wealth Management
She leads a team of experienced and credentialed wealth planning specialists who develop customized solutions for business owners and high-net-worth individuals.
Melissa J. Linn
CFP®
SVP, Senior Wealth Strategist
Comerica Wealth Management
SVP, Senior Wealth Strategist
Comerica Wealth Management
She specializes in having strategic conversations with clients to maximize opportunities and minimize unintended consequences.
Janelle Walker
CEPA®
SVP, Private Wealth Regional Managing Director
Comerica Wealth Management
SVP, Private Wealth Regional Managing Director
Comerica Wealth Management
Janelle Walker is Senior Vice President, Private Wealth Regional Managing Director, where she directs all management activities, while managing a highly-credentialled team of Private Wealth Management professionals in north and central Texas.