Provident Financial Services Sees Business Owners Shift to Active Investment in 2026

Reuters01-06

Provident Financial Services Sees Business Owners Shift to Active Investment in 2026

Provident Financial Services Inc., through its Provident Bank annual Economic Outlook Survey, reports a notable shift in business sentiment for 2026. The survey reveals that over 50% of business owners expect the U.S. economy to improve this year, and more than 60% anticipate their own businesses will be in better shape. This optimism is translating into action, with 70% of businesses planning to increase capital expenditures in 2026, up from 68% the previous year. There is also a significant rise in those planning a "significant increase" in spending, jumping from 11% last year to 19% this year. Additionally, engagement with AI tools has grown sharply, with 58% of businesses either already using or planning to adopt AI in 2026, compared to 41% last year. Overall, the survey indicates a transition from passive optimism in 2025 to active investment and expansion in 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Provident Financial Services Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9620177) on January 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The survey reveals that over 50% of business owners expect the U.S. economy to improve this year, and more than 60% anticipate their own businesses will be in better shape. This optimism is translating into action, with 70% of businesses planning to increase capital expenditures in 2026, up from 68% the previous year. There is also a significant rise in those planning a \"significant increase\" in spending, jumping from 11% last year to 19% this year. Additionally, engagement with AI tools has grown sharply, with 58% of businesses either already using or planning to adopt AI in 2026, compared to 41% last year. Overall, the survey indicates a transition from passive optimism in 2025 to active investment and expansion in 2026.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Provident Financial Services Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. 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The survey reveals that over 50% of business owners expect the U.S. economy to improve this year, and more than 60% anticipate their own businesses will be in better shape. This optimism is translating into action, with 70% of businesses planning to increase capital expenditures in 2026, up from 68% the previous year. There is also a significant rise in those planning a \"significant increase\" in spending, jumping from 11% last year to 19% this year. Additionally, engagement with AI tools has grown sharply, with 58% of businesses either already using or planning to adopt AI in 2026, compared to 41% last year. Overall, the survey indicates a transition from passive optimism in 2025 to active investment and expansion in 2026.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Provident Financial Services Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. 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