Consumers show optimism about the future, but remain bogged down by the present
January 12, 2021
Many don’t think the stimulus is enough or that the vaccine will be effective.January 12, 2021
Many don’t think the stimulus is enough or that the vaccine will be effective.December 15, 2020
We take a step back and focus on the key themes that will determine economic growth in the year ahead.December 7, 2020
Despite the ongoing challenges of the pandemic, small business spending has rebounded significantly.December 4, 2020
October retail sales data pointed to a downshift in the pace of consumer spending.November 20, 2020
We have revised our outlook a bit higher for Q4 but lowered our expectations for growth entering 2021.November 16, 2020
Holiday spending mood is good, but how and what consumers are buying is shifting this year.November 10, 2020
Opens stall, while revenues and employment improve slightly.
November 10, 2020
Retail sales jump to near pre-pandemic levels in September.
November 4, 2020
Among the key drivers of this year’s robust holiday sales are the recent surge in e-commerce sales, the continued robust demand for food and beverages at home (groceries), and higher prices on holiday-related items.
October 13, 2020
In response to the slower pace of improvement in the economic data, we have downwardly revised our estimate for fourth quarter gross domestic product growth.
October 5, 2020
Consumers reluctant to celebrate and spend for Halloween; foreshadowing the holiday season?
September 24, 2020
Overall consumer spending remains well below its pre-recession peak, and the labor market continues its slow recovery.
September 21, 2020
Solid economic data in August point toward a historic bounce in third quarter gross domestic product growth as the reopening process continues.
September 15, 2020
Fall in confidence likely a combination of increased COVID cases in parts of the U.S. and the end of some government stimulus programs. Millennials are becoming less comfortable going out to eat.
September 8, 2020
Visa's analysis of current economic data indicates that U.S. small business activity stalled in July.
September 2, 2020
Visa's proprietary Small Business Health Indexes and a nationwide survey of small business owners show how America's small businesses are coping during the COVID-19 pandemic.
August 28, 2020
Visa's analysis of current economic data indicates that U.S. consumer activity continued to recover in July but at a more moderate pace.
August 17, 2020
The U.S. economy decelerated in July with a surge in COVID-19 cases across wide swaths of the country.
July 9, 2020
Economic data for the month of June continued to signal a rebound in economic activity even as the number of new virus cases continued to rise to new highs.
July 9, 2020
The Conference Board Consumer Confidence Index rebounded strongly in June, after virtually no change in May. The headline index was up 12.2 points to 98.1 (1985=100), from 85.9 in May.
July 6, 2020
SBA-led federal aid programs and the lifting of stay-at-home restrictions are beginning to alleviate much of the burden small businesses have carried since March.
June 25, 2020
As COVID-19 takes the U.S. economy into uncharted territory, many credit card issuers and other lenders are wondering how consumers’ debt behavior might change.
Visa's Spring Small Business Outlook indicates that small business spending declined sharply in Q1 as the health crisis unfolded and sales plummeted.
April 2, 2020
Monthly report on the consumer economic landscape from U.S. Principal Economist Michael Brown and U.S. Assoc. Economist Travis Clark.
February 24, 2020
Monthly report on the consumer economic landscape from U.S. Principal Economist Michael Brown and U.S. Assoc. Economist Travis Clark.
February 19, 2020
Economic data for January pointed towards a solid start to 2020. Uncertainty is building, however, with the ongoing fallout of the coronavirus.
January 27, 2020
Solid holiday spending combined with continued job gains and modest income growth marked the end of 2019.
January 21, 2020
For most of the U.S. economy, times are good. However, the manufacturing sector continues to struggle.
December 24, 2019
Monthly report on the consumer economic landscape from U.S. Principal Economist Michael Brown and U.S. Assoc. Economist Travis Clark.
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.
December 17, 2019
Risks to the U.S. economic outlook include a possible federal government shutdown and yet-to-be-resolved trade issues.
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.
November 13, 2019
There are signs that economic growth should stabilize in the fourth quarter after decelerating earlier this year.
October 31, 2019
Monthly report on the consumer economic landscape from U.S. Principal Economist Michael Brown and U.S. Economist Eric Warner.
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.
October 15, 2019
Slowdown in manufacturing is beginning to permeate the services sector. Plus Visa’s U.S. economic forecast through 2021.
September 25, 2019
Monthly report on the consumer economic landscape from U.S. Principal Economist Michael Brown and U.S. Economist Eric Warner.
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.
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.
August 22, 2019
Retail sales jump to 3.7 percent year-over-year in July, signaling a solid start to the third quarter.
August 8, 2019
The outlook for the second half of 2019 has changed very little in Visa’s updated U.S. economic forecast.
July 19, 2019
Monthly report on the consumer economic landscape from U.S. Principal Economist Michael Brown and U.S. Economist Eric Warner.
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.
June 25, 2019
Visa’s analysis of the most recent consumer sector economic data indicates consumer spending should accelerate in the second quarter.
June 17, 2019
Economic data continues to indicate a downshift in the pace of economic growth in the second quarter.
May 17, 2019
“Business as usual” climate continues with America’s small businesses, according to latest Visa survey.
May 21, 2019
Monthly report on the consumer economic landscape from Chief Economist Wayne Best and U.S. Principal Economist Michael Brown.
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.
April 18, 2019
Looking ahead to Q2, Visa’s April U.S. economic forecast continues to show that growth will likely pick up.
April 18, 2019
Visa’s monthly report on the consumer economic landscape from Chief Economist Wayne Best and U.S. Principal Economist Michael Brown.
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.
February 20, 2019
Women are more likely than men to need funding to grow their small businesses, according to Visa survey.
November 20, 2018
Thanksgiving weekend is lining up to be one of the strongest in years for U.S. retailers.
June 13, 2018
A video insight from Visa's Chief Economist, Wayne Best.
March 20, 2018
Stock and home values have increased household wealth and supercharged consumer spending.
November 21, 2017
U.S. e-commerce spending is likely to increase 15-17 percent this holiday season.
October 11, 2017
Hardware and garden store sales increased by 12.8 percent as consumers remodel their homes.
September 5, 2017
Clothing store sales growth declines overall, but jewelry sales are going strong.
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.
December 18, 2019
Slowing growth, but a recession is not necessarily inevitable.
May 10, 2019
Brexit, declining global home prices and trade tensions are the biggest issues that threaten the global outlook.
November 30, 2018
Potential trade war adds uncertainty to the outlook.
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.
January 22, 2018
In 2017, the global economy saw the most broad-based growth since the global financial crisis. What's ahead in 2018?
October 27, 2017
The U.S. economy is expanding, but a variety of factors could hinder growth.
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.
January 9, 2017
Nearly half of the world's countries will see a steady decline in working-age populations.
October 21, 2016
Weak GDP figures mask the strength of the consumer.
June 30, 2016
Until recently, housing was the missing link in the economic recovery.
April 1, 2016
The global economy is in the longest stretch of sub-par growth of the last three decades.
February 4, 2020
Following a decade of visa liberalization in Africa, tourist arrivals grew 8 percent year-over-year (YoY) in 2019.
September 5, 2019
While the number of people traveling abroad is increasing rapidly, where these globe trekkers are going is not.
April 12, 2019
Ranking the world’s top destinations for international arrivals in each region.
April 12, 2019
Ranking the world’s top destinations for international arrivals in each region.
January 4, 2019
South Korea could see a tourism lift of 5-10 percent from the winter games in PyeongChang.
December 20, 2018
2017 hurricanes still displacing some N. American Caribbean travel.
June 6, 2018
Cross-border tourism from Asia Pacific is booming—outpacing income growth in the region.
February 6, 2018
The importance of foreign ski travel to the tourism industry overall varies widely by country.
February 6, 2018
Seasonal variations in international visits provide insights into the potential for attracting foreign tourists to ski destinations.
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.
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.
July 24, 2017
Asian travelers are the fastest-growing segment of park visitors.
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.
July 24, 2017
Find out the top 10 U.S. national parks ranked by foreign tourist visits.
June 19, 2017
Find out which cities topped the list of cities visited by foreign tourists visiting Japan last year.
May 31, 2017
The currency devaluation after Brexit had a subdued impact on AP travel to the U.K.
May 12, 2017
Find out which global travel destinations are popular with summer travelers.
April 18, 2017
The weaker British pound made the U.K. a more affordable travel destination following Brexit.
February 22, 2017
New research from Visa Business + Economic Insights indicates seniors will have a growing impact on travel and tourism.
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.
June 9, 2016
Over the next 10 years, the growth in travel spending is expected to outpace the global economy.
After earlier pandemic-related losses, businesses face greater financial pressure for a strong year-end.
Bringing large cities back is critical to the recovery of global travel and tourism.
The benefits of having a more loyal customer base have become readily apparent, especially in the food service industry and quick services restaurants.
September 4, 2020
Similar to retirement behavior, COVID-19 reduces the share of household spending on apparel and restaurants.
July 14, 2020
Visa’s Principal Asia Pacific Economist reflects on the shape of the region’s economic recovery from the pandemic – and what lessons it holds for the rest of the world.
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.
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.
November 14, 2017
The Indian economy has transformed considerably toward cashless payments.
July 10, 2017
India continues to make steady progress toward becoming a “less cash society".
April 12, 2017
India is on the path to becoming a digital payments economy.
October 31, 2016
Despite declines in the housing market, spending is unlikely to suffer as a result.
March 9, 2016
Payment cards help stimulate global economic growth.
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