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First Data Analysis Tempers Holiday Numbers

First Data's monthly analysis of card transaction data suggests consumers used their cards more in December 2011 than they did in December 2010, but that they spent only the same or less money.

By David Morrison | Updated on January 11, 2012

First Data’s monthly analysis of card transaction data suggests consumers used their cards more in December 2011 than they did in December 2010, but that they spent only the same or less money.

The card processor’s monthly SpendTrend analysis tracks same-store consumer spending on credit, debit, benefit cards and checks at retail locations across the country.

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