Category: Quarterly Summary
The second quarter of 2018 saw spending continue on a similar trend to earlier in the year, up 2.2% on the same period in 2017 (excluding fuel). When including fuel, spending increased 3.0%. The volume of transactions increased 3.2% on the second quarter of 2017, when both including and excluding fuel from the results. Spending […]
2018 got off to a relatively healthy start for consumer spending, up 2.4% on the same period a year prior, while transactions increased 3.5%. When excluding fuel and automotive spending, spending growth only fluctuated slightly to 2.1%, suggesting fuel prices are no longer playing the role in consumer spending growth that we saw in 2017. […]
Quarterly Update – September 2018
The second half of the year has gotten off to a slightly busier start than the first half, with spending up 3.1% on a year prior, and transactions up a similar 3.2%. Fuel had another quarter of high prices, bumping up total spending growth to 4.5% when included, and transactions slightly up to 3.5%. Despite […]