April 4, 2015TSG Press

The Comeback of Consumer Spending [Infographic]

The Strawhecker Group (TSG) in conjunction with the Electronic Transactions Association (ETA), for the benefit of TRANSACT 15 attendees, have released a new infographic titled The Comeback of Consumer Spending.

Highlights of the infographic include:
• Key economic indicators such as consumer confidence, GDP, and unemployment have all seen positive performance in 2014 and Q1 2015
• Electronic payments are a big reason why the economy continues to improve – almost 70% of GDP is driven by consumer spending, and 70% of consumer spending is electronic (not cash/check)
• TSG’s database of 2.7M merchants, which represents 6.5B credit/debit transactions, shows that both restaurants and retail establishments compose 23% of consumer spending with credit/debit


The Comeback of Consumer Spending

  • Share this post:

Privacy Preference Center

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

Are you sure?

By disagreeing you will no longer have access to our site and will be logged out.