It was the best of times, it was the worst of times
January 21, 2020
For most of the U.S. economy, times are good. However, the manufacturing sector continues to struggle.
Business & Economic Insights
Learn about the latest payment industry trends and consumer spending habits.
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It was the best of times, it was the worst of times
Consumers are continuing to propel the U.S. economy forward
December 24, 2019
Monthly report on the consumer economic landscape from U.S. Principal Economist Michael Brown and U.S. Assoc. Economist Travis Clark
Steady growth, but U.S. small businesses show signs of caution
December 18, 2019
More than half expect their business to have positive cash flow in 2020, but many small businesses also worry about the potential negative impact that global and political instability could have on their business, according to Visa's latest survey.
U.S. economic growth has become bifurcated
December 17, 2019
Risks to the U.S. economic outlook include a possible federal government shutdown and yet-to-be-resolved trade issues.
U.S. consumers continue to power economic growth
November 22, 2019
The resilience of the U.S. consumer helped to support GDP growth even as business investment contracted for the second consecutive quarter.
Making the yield curve steep again
November 13, 2019
There are signs that economic growth should stabilize in the fourth quarter after decelerating earlier this year.
Holiday sales expected to rise 4.1 percent year-over-year
November 12, 2019
Thanksgiving weekend is lining up to be one of the strongest in years, with 60 percent of holiday shoppers indicating they plan to shop on Thanksgiving Day, Black Friday or Cyber Monday. This is a big jump from 51 percent back in 2013.
U.S. consumer economic conditions remain strong, but declining confidence may be cause for concern
October 31, 2019
Monthly report on the consumer economic landscape from U.S. Principal Economist Michael Brown and U.S. Economist Eric Warner.
U.S. economic growth is softening as the global economy slows
October 15, 2019
Slowdown in manufacturing is beginning to permeate the services sector. Plus Visa’s U.S. economic forecast through 2021.
Fundamentals behind U.S. consumer spending remain solid so far in the third quarter
September 25, 2019
Monthly report on the consumer economic landscape from U.S. Principal Economist Michael Brown and U.S. Economist Eric Warner.
U.S. small businesses continue to expand and grow despite trade uncertainty
September 16, 2019
As tariffs continue, one in five businesses worry their business will suffer in the years ahead, according to Visa's latest survey.
A tale of two economies: manufacturing vs. services
September 11, 2019
U.S. economic growth is expected to downshift but remain positive heading into 2020, while weakness in manufacturing could hold back business fixed investment.
Fundamentals behind U.S consumer spending remain strong
August 22, 2019
Retail sales jump to 3.7 percent year-over-year in July, signaling a solid start to the third quarter.
A rate cut, now what?
August 8, 2019
The outlook for the second half of 2019 has changed very little in Visa’s updated U.S. economic forecast.
U.S. consumer sector economic data remains strong
July 19, 2019
Monthly report on the consumer economic landscape from U.S. Principal Economist Michael Brown and U.S. Economist Eric Warner.
U.S. Economy: Lower rates on the horizon
July 10, 2019
The FOMC will likely cut rates twice this year, trying to nudge inflation closer to its 2 percent target and offset the slowdown in U.S. manufacturing.
Retail sales are stronger than they look
June 25, 2019
Visa’s analysis of the most recent consumer sector economic data indicates consumer spending should accelerate in the second quarter.
U.S. Economy: Continued trade uncertainty weighs on economic growth
June 17, 2019
Economic data continues to indicate a downshift in the pace of economic growth in the second quarter.
Consumer spending off to a disappointing start in Q2
May 21, 2019
Monthly report on the consumer economic landscape from Chief Economist Wayne Best and U.S. Principal Economist Michael Brown.
U.S. small business economic outlook remains steady
May 17, 2019
“Business as usual” climate continues with America’s small businesses, according to latest Visa survey.
U.S. Economic Outlook: Finding the signal through the noise
May 8, 2019
U.S. headline economic growth appeared surprisingly strong in the first quarter, but was inflated by higher inventories and a contraction in import activity.
Consumer spending shows signs of strengthening
April 18, 2019
Visa’s monthly report on the consumer economic landscape from Chief Economist Wayne Best and U.S. Principal Economist Michael Brown.
U.S. Economic Outlook: A weak start, but growth to rebound in 2019
April 18, 2019
Looking ahead to Q2, Visa’s April U.S. economic forecast continues to show that growth will likely pick up.
How much longer can the current U.S. economic expansion continue?
April 3, 2019
The ongoing U.S. economic expansion is approaching record-breaking status, but for how long? Visa’s Principal U.S. Economist, Michael Brown, discusses the economic indicators he monitors for signs of a recession.
Small business economic indicators still relatively strong
February 20, 2019
Women are more likely than men to need funding to grow their small businesses, according to Visa survey.
Gen X leads the holiday spending forecast
November 20, 2018
Thanksgiving weekend is lining up to be one of the strongest in years for U.S. retailers.
Consumer spending shifting to improve quality of life
June 13, 2018
A video insight from Visa's Chief Economist, Wayne Best.
Consumer wealth has major implications for U.S. economy
March 20, 2018
Stock and home values have increased household wealth and supercharged consumer spending.
Holiday spending expected to grow 3.5-4 percent YoY
November 21, 2017
U.S. e-commerce spending is likely to increase 15-17 percent this holiday season.
Building, hardware and garden store sales are booming
October 11, 2017
Hardware and garden store sales increased by 12.8 percent as consumers remodel their homes.
Clothing store sales growth declines
September 5, 2017
Clothing store sales growth declines overall, but jewelry sales are going strong.
Gray is the new black: Baby boomers still outspend millennials
December 16, 2016
Visa projects consumers age 60+ will continue to drive U.S. spending for the next five to 20 years.
Affluent consumer spending is under pressure
October 13, 2016
Affluent U.S. consumers have pulled back on spending in recent years, lagging as much as five percentage points behind non-affluent spending growth.
Global economic outlook: Calm before the storm?
December 18, 2019
Slowing growth, but a recession is not necessarily inevitable.
Despite risks, stability is returning to global economic growth
May 10, 2019
Brexit, declining global home prices and trade tensions are the biggest issues that threaten the global outlook.
Strong growth for the U.S. economy, but will it last?
November 30, 2018
Potential trade war adds uncertainty to the outlook.
Troubled waters ahead for the U.S. economy?
June 20, 2018
By most measures, the U.S. economy is on solid footing, but fiscal stimulus—in the form of tax cuts—could overheat the economy.
Global economy growth expected to continue in 2018
January 22, 2018
In 2017, the global economy saw the most broad-based growth since the global financial crisis. What's ahead in 2018?
Slow economic growth expected for coming years
October 27, 2017
The U.S. economy is expanding, but a variety of factors could hinder growth.
Strong U.S. economy spurs spending in key merchant categories
May 25, 2017
The U.S. economy has been expanding for nearly eight years and appears on track to surpass the 10-year record set in the 1990s.
Global economy adjusts to 'slow-fast world'
January 9, 2017
Nearly half of the world's countries will see a steady decline in working-age populations.
U.S. consumer spending reveals economic growth
October 21, 2016
Weak GDP figures mask the strength of the consumer.
Economic growth bolsters housing
June 30, 2016
Until recently, housing was the missing link in the economic recovery.
U.S. economy outlook steady despite weaker global trends
April 1, 2016
The global economy is in the longest stretch of sub-par growth of the last three decades.
Are the world’s top travel destinations at risk of overtourism?
September 5, 2019
While the number of people traveling abroad is increasing rapidly, where these globe trekkers are going is not.
Learn more about world's top destinations at risk of overtourism
The world’s most visited cities in 2018
April 12, 2019
Ranking the world’s top destinations for international arrivals in each region.
Closer destinations preferred for beach travel
December 20, 2018
2017 hurricanes still displacing some N. American Caribbean travel.
Cross-border tourism in Asia is taking off
June 6, 2018
Cross-border tourism from Asia Pacific is booming—outpacing income growth in the region.
Visa explores growth opportunities for global ski tourism
February 6, 2018
The importance of foreign ski travel to the tourism industry overall varies widely by country.
Ski destinations have room for further market development
February 6, 2018
Seasonal variations in international visits provide insights into the potential for attracting foreign tourists to ski destinations.
The slippery slope of population aging in ski tourism
February 6, 2018
Ski destinations are more exposed to aging trends in part due to the preponderance of European travelers in the cross-border ski market.
Top 25 winter ski destinations for international travelers
February 6, 2018
Austria’s Pinzgau-Pongau region of the Alps is ranked #1 in Visa’s list of the top 25 global winter ski destinations,* based on a three-year average of cross-border arrivals according to the Visa International Travel (VISIT) platform.
Visa estimates impact of Olympic Winter Games
December 13, 2017
South Korea could see a tourism lift of 5-10 percent from the winter games in PyeongChang.
Impact of Asia Pacific travelers visiting U.S. national parks
July 24, 2017
Asian travelers are the fastest-growing segment of park visitors.
Importance of U.S. national parks to tourism industry
July 24, 2017
At least one in eight foreign tourists visit the U.S. national parks in the summer—a nearly $10 billion economic boost.
Western U.S. national parks popular with foreign tourists
July 24, 2017
Find out the top 10 U.S. national parks ranked by foreign tourist visits.
Currency movements impact Asia Pacific travel
May 31, 2017
The post-Brexit British pound decrease in value against Asia Pacific currencies may have impacted AP travel.
Top-trending summer travel destinations for North Americans
May 12, 2017
Find out which global travel destinations are popular with summer travelers.
Travel to U.K. saves Americans nearly $150/trip post-Brexit
April 18, 2017
The weaker British pound made the U.K. a more affordable travel destination following Brexit.
Travel wanderlust: Age is not a constraint, but income might be
February 22, 2017
New research from Visa Business + Economic Insights indicates seniors will have a growing impact on travel and tourism.
Brexit: Long-term impact on travel is unknown
August 18, 2016
Brexit could impact international travel and cause a reduction in British travel to the rest of the world: U.K. travelers currently account for nearly 8 percent of all international departures.
Mapping the future of global travel
June 7, 2016
Learn about global travel projections through the year 2025 for travelers from 50 key markets.
European middle class households expected to increase spending 38 percent
September 27, 2019
In western Europe, 55 percent of all new consumer spending is expected to come from “new affluent” households by 2030. Visa's European principal economist Adolfo Laurenti discusses this trend.
What happens when cities close their "globalization gap" over the next decade?
April 3, 2019
Hundreds of millions more global consumers will enter the middle class and gain purchasing power extending beyond their basic needs. Who and where are they? Visa's chief economist discusses this trend and what it could mean for global merchants.
A year after demonetization, digital payments grow in India
November 14, 2017
The Indian economy has transformed considerably toward cashless payments.
Digital payments are expanding in India
July 10, 2017
India continues to make steady progress toward becoming a “less cash society".
After demonetization: India's move to a "less-cash" society
India is on the path to becoming a digital payments economy.
Income is driving Southeast Asian spending
October 31, 2016
Despite declines in the housing market, spending is unlikely to suffer as a result.
The global impact of electronic payments
March 9, 2016
Payment cards help stimulate global economic growth.
Visa Business and Economic Insights, part of Visa Consulting & Analytics, offers actionable intelligence about the evolving global economy. By applying advanced research and analysis in many areas affecting your bottom line, we can help you:
- Track consumer spending trends
- Understand economic conditions impacting consumer spending
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- Monitor regional and demographic economic trends
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