Michael E. Bugno’s Post

Check out SpendTrend from Fiserv. Retail and Grocery spend grew, while Travel stayed flat. February spending is up +7.4% over last year thanks to a leap-year boost and heavier foot traffic. Check out the latest report to see which sectors are leading the surge.

Wonder how your local communities stack up against larger spending in your state or neighboring regions?Consumer spending was stable in June, with essentials like grocery and services performing well. Leisure was the big winner, where a -6.2% drop in average ticket sizes drove increased foot traffic and an +18.6% jump in spending growth compared to last year. See more in the latest SpendTrend® report by subscribing.

Just in time for the holidays – consumer foot traffic is up, with retail, leisure and services among the winners. www.fiserv.com/spendtrend Consumer spending grew +5.4% year-over-year in October – a sizable jump from September’s +3.9% increase, as nearly every subsector showed growth over the prior month. Get the latest data in our newest SpendTrend report.

Just in time for the holidays – consumer foot traffic is up, with retail, leisure and services among the winners. www.fiserv.com/spendtrend Consumer spending grew +5.4% year-over-year in October – a sizable jump from September’s +3.9% increase, as nearly every subsector showed growth over the prior month. Get the latest data in our newest SpendTrend report.

Just in time for the holidays – consumer foot traffic is up, with retail, leisure and services among the winners. www.fiserv.com/spendtrend Consumer spending grew +5.4% year-over-year in October – a sizable jump from September’s +3.9% increase, as nearly every subsector showed growth over the prior month. Get the latest data in our newest SpendTrend report.

The May 2024 SpendTrend Report tells us that consumer spending in May grew by +5.1% over the previous year, up from a pace of +3.9% in April. Explore key insights into consumer spending habits and leverage this information to drive growth and innovation in your business. #Fiserv #BusinessIntelligence #SpendTrend

💡 "Do consumers treat loyalty points the same way they treat cash?" A recent study uncovers how consumers spend loyalty points differently from cash. Here are 5 key findings: 💰 Money Advocates: Prefer cash over points, even when values are identical. ⚖️ Currency Impartialists: Value points and cash equally based on financial worth. 🎯 Point Gamers: Seek the best redemption opportunities, spending points when their value surpasses cash. ❤️ Point Lovers: Value points more than money, even if their purchase power is lower. 📊 Strategic Implications: Companies must tailor loyalty programs to these distinct consumer behaviors. ❓ How do you prefer to spend your loyalty points? ❓What strategies do you use to maximize their value?  ❓ How can companies improve their loyalty programs? Share your thoughts below 👇 To learn more, read the full article here:  https://buff.ly/4g1AgOQ #LoyaltyPrograms #ConsumerBehavior #MarketingStrategy #CustomerEngagement #BusinessInsights

Consumer spending in March was up +5.9% over last year, with spring break and sporting events driving leisure and food spending. Check out the latest report to see how different sectors stack up.

Consumer spending in March was up +5.9% over last year, with spring break and sporting events driving leisure and food spending. Check out the latest report to see how different sectors stack up.

Consumer spending in March was up +5.9% over last year, with spring break and sporting events driving leisure and food spending. Check out the latest report to see how different sectors stack up.