With the most recent economic data signaling the possibility of a downturn or recession in early 2023 in the U.S., it’s important to understand how an economic contraction could impact your portfolio’s performance.
The Visa Spending Momentum Index (SMI) has introduced a Recession Probability Index that can help you evaluate how a slowdown in consumer spending might affect your business, even at the local level. Now available on the Visa Analytics Platform*, SMI is a suite of economic indicator metrics and reports that provide a granular view of consumer spending trends.
Powerful economic indicators that measure drivers of consumer spending in the near term
Timely segment and geographic spending insights to spot new trends and inform acquisition and retention initiatives
Insights to help grow payment volumes and increase revenue at the market level
Risks from potential downturns in local economic conditions
Credit SMI Barometer | Monthly publication
Helps identify high opportunity areas for credit issuers. For example, these insights can help anticipate future shifts in employment trends that impact credit portfolio performance.
Debit SMI Barometer | Monthly publication
Helps identify high opportunity areas for debit issuers. For example, these insights can help predict strong income growth ahead as the business cycle starts to turn up again.
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