1 Visa Commercial Consumption Expenditure Index; Economist Intelligence Unit (EIU) modeling and analysis, December 2015. Global CCE index data sources include Bureau of Economic Analysis (BEA), U.S. Census Bureau, Organization for Economic Cooperation and Development (OECD), Structural ANalysis (STAN) Database, EuroStat Database, General Government Accounts from the National Accounts of OECD Countries, United Nations Statistics Division National Accounts Main Aggregates Database, EIU proprietary databases, government data and EIU model estimates where government data was unavailable. Large contracted defense spending not included in CCE index.
2 Expanding Small Business Card Programs, Phoenix Synergistics, November 2016.
3 Visa Small Business Payments Behavior Study 2016, Waves 3 & 4.
4 VisaNet Q2 2014 – Q4 2016 data.