First Data has released
its First Data SpendTrend analysis for the full month of November 2011 compared to November 2010.
Overall year-over-year dollar volume growth was up 7.3% in November, down from October’s 9.4% growth. November 2011 had tough comparables as November 2010 was a particularly strong month, with dollar volume growth up 8.1%. November 2011 transaction growth was 6.1%.
SpendTrend tracks same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations.