Tuesday, June 23, 2020

Study: Overall spend continues to increase with small weekly gains

Consumers are opening their wallets for non-essential items.

That’s according to Cardlytics’ latest State of Spend Report, which is based on U.S. consumer spend. After non-essential spending dropped to a low of -75% year-over-year at the end of March, discretionary spend (in categories such as apparel) is climbing back up, down just -40.8% year-over-year the week of 5/28. . . . more