September 2026
SMB Growth Report

Host Cities Score: Local Customers Drive a Strong SMB Summer

The World Cup brought global attention to its U.S. host cities, but local customers gave many SMBs their strongest lift. Forty-three percent of host-metro businesses reported better summer sales, compared with 33% elsewhere. Yet only 29% of those businesses with robust sales credited World Cup tourism, raising a bigger question about what powered the gains.

Header image for the September 2026 PYMNTS Intelligence SMB Growth report. PYMNTS Intelligence finds World Cup host cities gave small businesses a summer sales lift, led by local customers.

A crowded shopping district near a packed World Cup venue can seem like a compact economic engine. More people on the sidewalks, more eyes on storefronts and more customers potentially opening their wallets at restaurants and checkout counters. But for Main Street businesses in the 11 major U.S. cities and metropolitan areas that hosted event matches, including Los Angeles, Miami and New York/New Jersey, the commercial boost from this year’s tournament seems more modest than might have been expected. Throughout this report, a “host city” means the full metro area around its venue rather than the formal city limits.

Research promoted by World Cup organizer FIFA and the World Trade Organization predicted the event would have a $30.5 billion economic impact in the U.S., including $6.4 billion in tourist spending on accommodations, food and retail. Independent economists typically describe the boost of major sporting events as overstated; locals tend to shift their spending around rather than add new money to the economy, and crowds deter regular tourists. With the World Cup, much of the money that comes in goes to international hotel chains and FIFA coffers in Switzerland rather than to local businesses.

So did U.S. business owners enjoy any economic windfall this time? SMBs inside the 11 U.S. metro areas that hosted 78 World Cup matches this year were more likely to report higher summer sales than those located elsewhere. At the same time, World Cup visitors were a minority of the customer base for nearly nine in 10 small businesses in venue metro areas. As the U.S. prepares to host the Olympics in Los Angeles in 2028, the data contributes to a robust body of independent research on business and consumption trends during major sporting events that demonstrates or suggests limited economic benefits to local businesses from major sporting events.

Those are just some of the findings from the latest edition of PYMNTS Intelligence’s SMB Growth Monitor, a survey of 529 SMBs fielded in July 2026, spanning the tournament’s final days and the period immediately after it ended.

Get Unlimited Access
Complete the form below for free, unlimited access to all our Data Studies, Trackers, and PYMNTS Intelligence reports.

Thank you for registering. Please confirm your email to view all our Trackers.

    Subscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    SMBs in World Cup host metros were more likely to report strong sales this summer.

    It was a good summer for SMBs in host metros. Forty-three percent said their sales for the season were stronger than they would be in a typical summer. Just 10% reported weaker sales. In comparison, only 33% of SMBs in non-host metros reported higher sales, and 15% reported lower sales. Roughly half of businesses in both groups said their summer looked about typical. In general, host-metro businesses were about 1.3 times as likely as other businesses to report a better-than-usual summer.

    The stronger sales stopped at the host-metro line.

    The stronger sales appeared only inside host-metro boundaries; being nearby was not enough. Inside host metros, 43% of SMBs reported higher summer sales. Just outside those same metros but less than 50 miles away, only 28% reported higher sales, making a business inside the host-metro boundary about 1.5 times as likely to report a stronger summer as a business just over the border. Farther out, the pattern returned to normal. One-third of SMBs located 50 or more miles from any host metro reported higher sales, in line with the 33% figure for non-host SMBs nationally.

    The sales bump showed up in customers walking into stores. Foot traffic showed a modest increase in host metros. Thirty-four percent of host-metro SMBs reported more customers walking through their door than in a typical summer, versus 29% outside host metros, a difference of five percentage points. More visitors on the ground likely could have meant more browsing, and potentially more buying, or more local visitors patronizing shops.

    None of this data demonstrates that the World Cup caused a sales boost for local businesses. What it shows is a correlation. Businesses inside host metros were more likely to have a good summer at a time when small business sales across the country were essentially flat to slightly negative in June and July 2026, according to National Federation of Independent Business data.

    World Cup host-metro SMBs only partly credit their location for their strong results.

    What’s clear is that geography doesn’t get all the credit. Roughly 85% of SMBs in both host and non-host metros said non-World Cup factors, including their own marketing, changes to products or pricing, repeat customers and word of mouth, affected their sales.

    Nearly six in 10 host-metro SMBs updated their online listings and reviews or ran social and digital ads aimed at visitors, compared with 51% outside host metros. Meanwhile, SMBs outside host metro areas leaned slightly more on other levers: community ties, such as local events, festivals or partnerships with hotels and tourism boards (35% versus 33% in host metros), and offers like seasonal products or promotions (51% versus 48% in host metros).

    Regardless of location, most businesses attributed their success to a combination of internal and external factors. Two in three host-metro SMBs with strong summer sales and 61% of non-host SMBs said both their own operational efforts and external factors played a role in boosting sales.

    People-facing industries, meaning restaurants, retail stores, hotels, arts venues and personal-service businesses, reported higher summer sales more often inside host metros than outside them, 39% against 30%.

    At the same time, visitors were a minority of the customer base in both groups: 88% of host-metro SMBs and 87% of non-host SMBs said visitors made up less than half of their summer customers.

    Read More

    PYMNTS Intelligence is the leading provider of information on the consumer trends driving innovation in consumer finance, digital payments and financial inclusion. To stay up to date, subscribe to our newsletters and read our in-depth reports.

    Methodology

    PYMNTS Intelligence gathered these findings for the latest edition of the SMB Growth Monitor by surveying 529 small and medium-sized businesses (SMBs) across the United States, including 528 in operation for more than 12 months and 136 in the U.S. metro areas that hosted World Cup matches. Fielded July 10–21, 2026, the survey covered the final 10 days of the 2026 FIFA World Cup, which ran from June 11–July 19 across 11 U.S. venues, plus the days right after the tournament ended. Results are weighted to reflect the broader U.S. SMB population, and all businesses included have a physical location.

    About

    PYMNTS Intelligence is a leading global data and analytics platform that uses proprietary data and methods to provide actionable insights on what’s now and what’s next in payments, commerce and the digital economy. Its team of data scientists includes leading economists, econometricians, survey experts, financial analysts and marketing scientists with deep experience in the application of data to the issues that define the future of the digital transformation of the global economy. This multi-lingual team has conducted original data collection and analysis in more than three dozen global markets for some of the world’s leading publicly traded and privately held firms.

    The PYMNTS Intelligence team that produced this report:
    Lynnley Browning: Managing Editor
    Chinbo Chong, Ph.D.: Senior Research Analyst
    Franco Coraggio: Research Analyst

    We are interested in your feedback on this report. If you have questions or comments, or if you would like to subscribe to this report, please email us at feedback@pymnts.com.

    Disclaimer

    The SMB Growth Report may be updated periodically. While reasonable efforts are made to keep the content accurate and up to date, PYMNTS MAKES NO REPRESENTATIONS OR WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, REGARDING THE CORRECTNESS, ACCURACY, COMPLETENESS, ADEQUACY, OR RELIABILITY OF OR THE USE OF OR RESULTS THAT MAY BE GENERATED FROM THE USE OF THE INFORMATION OR THAT THE CONTENT WILL SATISFY YOUR REQUIREMENTS OR EXPECTATIONS. THE CONTENT IS PROVIDED “AS IS” AND ON AN “AS AVAILABLE” BASIS. YOU EXPRESSLY AGREE THAT YOUR USE OF THE CONTENT IS AT YOUR SOLE RISK. PYMNTS SHALL HAVE NO LIABILITY FOR ANY INTERRUPTIONS IN THE CONTENT THAT IS PROVIDED AND DISCLAIM ALL WARRANTIES WITH REGARD TO THE CONTENT, INCLUDING THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT AND TITLE. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES, AND IN SUCH CASES, THE STATED EXCLUSIONS DO NOT APPLY. PYMNTS RESERVES THE RIGHT AND SHOULD NOT BE LIABLE SHOULD IT EXERCISE ITS RIGHT TO MODIFY, INTERRUPT, OR DISCONTINUE THE AVAILABILITY OF THE CONTENT OR ANY COMPONENT OF IT WITH OR WITHOUT NOTICE.
    PYMNTS SHALL NOT BE LIABLE FOR ANY DAMAGES WHATSOEVER AND, IN PARTICULAR, SHALL NOT BE LIABLE FOR ANY SPECIAL, INDIRECT, CONSEQUENTIAL, OR INCIDENTAL DAMAGES OR DAMAGES FOR LOST PROFITS, LOSS OF REVENUE, OR LOSS OF USE ARISING OUT OF OR RELATED TO THE CONTENT, WHETHER SUCH DAMAGES ARISE IN CONTRACT, NEGLIGENCE, TORT, UNDER STATUTE, IN EQUITY, AT LAW, OR OTHERWISE, EVEN IF PYMNTS HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
    SOME JURISDICTIONS DO NOT ALLOW FOR THE LIMITATION OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES, AND IN SUCH CASES, SOME OF THE ABOVE LIMITATIONS DO NOT APPLY. THE ABOVE DISCLAIMERS AND LIMITATIONS ARE PROVIDED BY PYMNTS AND ITS PARENTS, AFFILIATED AND RELATED COMPANIES, CONTRACTORS, AND SPONSORS, AND EACH OF ITS RESPECTIVE DIRECTORS, OFFICERS, MEMBERS, EMPLOYEES, AGENTS, CONTENT COMPONENT PROVIDERS, LICENSORS, AND ADVISERS.
    Components of the content original to and the compilation produced by PYMNTS is the property of PYMNTS and cannot be reproduced without its prior written permission.