News & Insights

Retail Spending Trends and Marketing Thoughts

Spending trends Consumer spending on credit and debit cards accelerated 6.8% in August 2023 over August 2022. At a macro level, that’s healthy spending growth above inflation of 3.7%, but many retailers are not benefitting. Retail spending was down slightly at -0.1%,...

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2022 Holiday Spending Forecast

It’s no secret the holiday season is a key sales period for retail, travel, and many other industries, so much so that these sales can make or break a business, large or small. With high inflation and fears of consumers pulling back, there are a lot of unknowns...

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