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November 09, 2011

First Data Releases October 2011 SpendTrend

First data logo 140x60pxFirst Data has released its First Data SpendTrend analysis for the full month of October 2011 compared to October 2010.
In October, dollar volume growth held steady at 9.4% versus September’s growth of 9.5%. Overall transaction growth improved to 7.5% in October from 7.1% in September. Inflation continued to be evident in the food sector as Food/Beverage Stores posted average ticket growth of 2.3% for the second consecutive month.

SpendTrend tracks same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations.

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