Winter anticipation helped influence fall 2020 spending

Winter anticipation helped influence fall 2020 spending

December 10, 2020 By: Moneris Team Calculating time...

Preparing for the cold winter months has been a major theme for fall spending in 2020. From upgrading home furnishings to preparing for winter recreation, Canadians are planning ahead for a winter that will likely bring a lot of time at home.

 

There you have it! Canadians are preparing to make the most of the winter ahead with their fall spending. From new fireplaces to new skincare routines, these self-care investments should leave us rested and ready for the spring.

Interested in getting more rich and timely consumer spending data? Support your new or ongoing policies, research, and forecasting models with Moneris Data Services. You'll get new insights to help analyze and monitor Canadian consumer spending and COVID-19 recovery trends.

 




Moneris spending reports measure spending in Canada across a range of categories by analyzing credit and debit card transaction data. The figures and percentages cited are derived from aggregated transaction volumes being processed by Moneris in the applicable categories, as compared to sales volumes from the prior year.

The information in this article is provided solely for informational purposes and is not intended to be legal, business or other professional advice or an endorsement of any of the websites or services listed.

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Moneris Team

Moneris is a leading provider of payment processing solutions in Canada. Our blog is your go-to resource for insights into the ever-evolving world of payments. We cover everything from the latest industry trends and technologies to practical advice for businesses of all sizes. Our blog's mission is to spotlight small businesses and provide resources that help them succeed in today's economy. Blog articles are written by members of Moneris' in-house marketing team with support from internal product and industry experts.