First Data Releases September 2012 SpendTrend
First Data has released its First Data SpendTrend analysis for the full month of September 2012 compared to September 2011.
Overall dollar volume growth was 5.8%, down from August’s 7.2% growth. The moderation of growth can be attributed to tough comparables as September 2011 was a strong month with dollar volume growth of 9.5%. Transaction growth dipped slightly to 6.3% from 6.5% last month. Average ticket growth was -0.5%, down from August’s 0.6% growth. Although consumers have shown a willingness to spend, they continue to be price-conscious and look for bargains.
SpendTrend tracks same-store consumer spending by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks at U.S. merchant locations.





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