First Data Spend Trend Mid-Month Flash-August 2012
SpendTrend® Mid-Month Flash provides advanced insight on card-based spending in the United States. This report looks at same store sales data for the first fifteen days of the current month compared to the prior month, as well as the corresponding period in the prior year.
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· Overall Dollar Volume Growth Remained Steady, Transaction Growth Slowed.
· General Merchandise Sector Saw Strong Gains On Back-To-School Spending.
· Discretionary Card Spending Retracted In Early August.
· Spending On Signature and PIN Debit Cards Top Credit