Content about Consumer spending

February 12, 2013
First Data: Consumer card spending growth robust in January

A report released by First Data Corp. found that dollar volume growth rebounded in January, improving to 6.2% versus 4% in December despite the payroll tax increase.

December 13, 2012
Deloitte Consumer Spending Index retreats

After nearly a year of steady gains, the Deloitte Consumer Spending Index (Index) fell in November due to a slowdown in the rise of new home prices and an accelerating decline in real wages.

November 26, 2012
White House reports says fiscal cliff could take bite out of retail spending

Consumer spending could drop by almost $200 billion next year while depressing real consumer-spending growth by 1.7% if middle-class taxes rise in response to the fiscal cliff, according to a report released Monday by a White House economic team.

October 17, 2012
NRF survey details holiday spending plans

Most consumers will take a conservative approach with their holiday gift-giving budgets, according to NRF’s holiday consumer spending survey conducted by BIGinsight.

October 15, 2012
Deloitte: Consumer spending index rose in September

Deloitte’s Consumer Spending Index rose in September, aided by a near 11% gain in home prices.

April 12, 2012
Deloitte: Spending up after several months of decline

A report released by Deloitte found that consumer spending posted an increase in March, reversing a trend of declines.

February 28, 2012
PriceGrabber: Consumer spending to hold steady in 2012

More than 51% of consumers plan to spend the same amount of money in 2012 as in the previous year, according to a 2012 Shopping Outlook survey conducted by PriceGrabber, a part of Experian.

January 11, 2012
First Data: Overall transaction growth up 7.0% in December

Atlanta -- Dollar volume growth on cards overall was a healthy 6.9%  in December, according to First Data Corporation’s First Data SpendTrend analysis for the full month of December 2011 compared to December 2010. SpendTrend tracks same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations.

However, strong auto sales, driven by low interest rates, likely diverted consumer spending to car sales from other retail areas, the report said. Auto sales are not captured in SpendTrend figures.

December 23, 2011
Personal spending rose less than forecast in November

A report released by the Commerce Department showed that U.S. consumer spending edged up 0.1% in November, less than forecast and reflecting an economy that continues to struggle.

December 9, 2011
Thomson Reuters/U of Michigan shows climbing consumer confidence

The Thomson Reuters/University of Michigan preliminary index of consumer sentiment showed Friday that confidence among U.S. consumers rose more than forecast in December as Americans’ outlooks improved.

November 30, 2011
comScore: Cyber Monday spending hits $1.25 billion

comScore reported that Cyber Monday sales totaled $1.25 billion, up 22% from last year, making it the heaviest online spending day in history.

November 23, 2011
Consumer spending up slightly in October as incomes advance

Consumer spending rose less than forecast in October as Americans even as personal incomes showed the biggest gains in seven months.

November 10, 2011
Deloitte holiday survey: Internet ties discounters as top shopping destination

Deloitte’s 26th annual holiday survey of consumer spending intentions and trends, released Thursday, found that nearly half (48%) of consumers say they most likely will shop for gifts online this holiday season – a 13% increase from last year.

October 17, 2011
Deloitte Consumer Spending Index falls in September

The Deloitte Consumer Spending Index fell in September to its lowest level since May 2009, primarily due to a significant fall in home prices and deterioration in real wages.

September 30, 2011
Consumer spending lagged in August

Consumer spending in the United States slowed in August, impacted by falling incomes and sporadic hiring, according to a report released Friday by the Commerce Dept.

September 27, 2011
First Data Advisors reports on mid-year gift card performance

The prepaid gift card market remained healthy in the first half of 2011, experiencing a higher rate of growth than U.S. consumer spending despite the sluggish macroeconomic environment.

September 7, 2011
American Express study: Consumers opting for less frequent, but larger transactions in retail

Consumers are spending more, but doing so in fewer transactions, according to American Express Business Insights’ most recent Business Insights Spend Sights report.

August 2, 2011
Consumer spending down in June

A Tuesday report from the Commerce Department showed that consumer spending dropped 0.2% in June, to $21.9 billion.

June 28, 2011
U.S. consumer spending stalls in May

A report released Monday by the Commerce Department showed that consumer spending unexpectedly stalled during the month of May, as prices climbed and 9.1% unemployment caused shoppers to cut back.

June 9, 2011
First Data Report: Spending growth slowed in May

A report released Thursday by First Data Corp. said that consumer spending growth slowed in May as concerns about the economy mounted.

June 8, 2011
GE Capital: Retail CFOs more optimistic, look to invest

Retail CFOs of U.S. middle-market companies are becoming more optimistic concerning the state of the industry, according to the latest GE Capital survey of retail CFOs of companies with revenues ranging from $50 million to $1 billion.

May 31, 2011
Confidence up in April

Consumers grew more confident in May amid job gains and slightly declining gas prices.

April 12, 2011
SpendTrend report: March growth steady despite challenging comps

A report released Tuesday by First Data Corp. found that, despite tough comps and a late Easter, March 2011 same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations showed a steady uptick.

March 8, 2011
Survey: St. Patrick’s Day spending should give retailers a boost

Total spending on St. Patrick’s Day festivities is expected to hit $4.14 billion this, according to NRF’s 2011 St. Patrick’s Day Consumer Intentions and Actions survey, conducted by BIGresearch.

February 17, 2011
AmEx Business Insights report: Q4 spend increases across board

A report released Thursday by American Express Business Insights said that spending in the fourth quarter was up across the board, but the retail sector spend growth was more subdued despite the holiday shopping season.

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