by Melissa Lagrange | Mar 7, 2021 | Article, Data
In the 5 weeks following Holiday 2020, retail credit and debit card sales were up about 20% year over year (YoY). By comparison, post-Holiday 2019 only grew by about 10%. So what is driving this post-Holiday 2020 growth for retail? Online sales during...
by Anoti Deyala and Michael Carrie | Feb 1, 2021 | Article, Data
The week of Christmas 2020 looked a lot different than 2019. The coronavirus pandemic and government recommendations not to travel or gather with friends and family put a damper on traditions. Covid-19’s rapid spread impacted consumer spending patterns as well....
by Nick Mangiapane | Oct 5, 2020 | Article, Data
Commerce Signals Consumer Spending Data Used in Analysis by Federal Reserve Bank of New York The following excerpt is from a recently published article from the Federal Reserve Bank of New York. Their comprehensive analysis is refreshingly apolitical. Here’s a...
by Nick Mangiapane | Sep 17, 2020 | Article, Data
With total consumer card spending down 2% from Memorial Day to Labor Day, most companies needed to take share from competitors to even partially offset category spending declines. That’s a tall order when faced with all of the operational and personal challenges...
by Nick Mangiapane | Jul 31, 2020 | Article, Data
Consumer Spending Overall and By State Consumer card spending nationally was still 3.1% behind 2019 over the most recent four weeks of available data (6/21/20 – 7/18/20), but the results vary widely by state. Where COVID-19 cases have surged, sales remain further...
by Nick Mangiapane | Apr 20, 2020 | Article, Data, News
Total U.S. consumer spending was down 11% in March due to the impact of COVID-19, but some consumer categories felt the impact far more than others. Airline purchases, for example, were down 67% in March. Others, like grocery, drug and mass discount retailers, climbed...
