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A Holiday Unlike Any Other – Changes in Consumer Spending Behavior
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....
Did State Reopenings Increase Consumer Spending? NY Fed Analysis
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 link to...
6 Companies That Won Market Share This Summer
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...