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By David Morrison |
June 11, 2012
Caution noted: Consumers reducing discretionary spending while increasingly resorting to credit for necessities.
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By David Morrison |
May 9, 2012
First Data says the pace of consumer payments slowed significantly in April over the pace during the first quarter of the year.
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By David Morrison |
April 10, 2012
The percentage of payments made by check keeps slipping.
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By David Morrison |
January 11, 2012
First Data's monthly analysis of card transaction data suggests consumers used their cards more in December 2011 than they did in December 2010, but that they spent only the same or less money.
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By David Morrison |
November 30, 2011
Even though the weekend after the Thanksgiving holiday last year had pretty strong sales volume, card processor First Data reported that the same weekend this year posted even stronger sales gains.
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By David Morrison |
October 24, 2011
Consumers spent more on their credit and debit cards in September 2011 than they did in the same month last year, according to card processor First Data. But the firm credited inflated prices for the increase rather than an increase in purchases.
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By David Morrison |
October 11, 2011
First Data Corp. says consumers spent more on their credit and debit cards in September 2011 than they did in the same month last year but the firm credited inflated prices for the increase rather than an increase in purchases.
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By David Morrison |
June 9, 2011
Consumers still used their credit and debit cards in May, but more slowly than they have been.
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May 23, 2011
Consumers were still shopping in April, though they were starting to look over their shoulders at rising gasoline prices, according to First Data's SpendTrend report.
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By David Morrison |
April 12, 2011
First Data Corp. said today its monthly SpendTrend report found consumer spending uniformly up in March despite a late Easter and rising gas prices.