Consumer Spending Insights
RCC Insights- Consumers have pulled back into what one retailer has described publicly as a "discretionary recession"
The following commentary is an excerpt of the report covering the period of December 2023-February 2024.
Sports
Slapshots and Spending Sprees: How the NHL Playoffs Put Canadian Cities on a Power Play
Moneris’ Data Services team has put together data to understand the impact of the NHL Playoffs on reputed arenas, bars, restaurants, local pubs and more in different cities across Canada.
Consumer Spending Insights
ICS follows similar seasonal trends in Q1 2024 but averages higher year-over-year
A weakening labour market is expected to apply downward pressure on consumer spending
Sports
Consumer Spend Trend: The Canadian Grand Prix was a Boon to Montréal
The Canadian Grand Prix is nothing short of a festival for attendees. From decorated patios to pop-up shops on the streets, the city of Montréal really kicked into gear.
Consumer Spending Insights
Consumer Spend Trend: Gas Prices and Transit in Canada
Gasoline prices have skyrocketed in the last couple of months and refuse to go down, peaking at over $1.80 per litre in early March. But how did this increase impact consumer spending?
Data Practices
Things to Consider When Using and Collecting Data
Data can be very useful in making business decisions and finding out ways to make your organization work more efficiently.
Consumer Spending Insights
Consumer Spend Trend: 2021 Was A Year Of Recovery
One year after the COVID pandemic began, total spending volumes began to recover beyond pre-pandemic levels, alongside key industries including restaurants, retail, and travel.
Tourism and Events
Consumer Spend Trend: Mountain Destinations Pre and During COVID
Mountain destinations in Canada have seen some strong recovery post COVID. With things slowly getting back to normal or adapting to the ‘new normal,’ travel is picking up pace.
Case Studies
Case study: Moneris + City of Brantford
The City was seeking consumer location and spending data to help them gain greater insights surrounding the impact of the pandemic and reached out to Moneris to help fill the gap.