Credit Card data for the 16 sub-sectors we track show that total spending in Sept week 5 (ended 9/30) decreased 11.3%, a deceleration compared to the week ended 9/23, which was -10.9%.
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The Consumer Just Crashed: Credit Card Spending Unexpectedly Cratered In September
| Source: | https://www.zerohedge.com/economics/consumer-just-crashed-credit-card-spending-unexpectedly-cratered-september |
| Published: | Oct 4, 2023 |
| Author: | Tyler Durden |
| Post Date: | 2023-10-04 18:29:03 by Horse |
| Views: | 52 |