Percent Change in Consumer Spending

Aggregated and anonymized purchase data from consumer credit and debit card spending. Spending is reported based on the ZIP code where the cardholder lives, not the ZIP code where transactions occurred. Data from Affinity Solutions, compiled by Opportunity Insights. Update Frequency: Weekly Date Range: January 13th until the most recent date available. Data Frequency: Data is daily until the final two weeks of the series, and the daily data is presented as a 7 day lookback moving average. For the final two weeks of the series, the data is weekly and presented as weekly data points. Index Period: January 4th - January 31st Indexing Type: Seasonally adjusted change since January 2020. Data is indexed in 2019 and 2020 as the change relative to the January index period. We then seasonally adjust by dividing year-over-year, which represents the difference between the change since January observed in 2020 compared to the change since January observed since 2019. We account for differences in the dates of federal holidays between 2019 and 2020 by shifting the 2019 reference data to align the holidays before performing the year-over-year division.

[
  "Business"
]