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Home | Spending recovery strengthens, although caution remains |
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Spending recovery strengthens, although caution remains
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- December 22, 2011
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Consumers have continued to increase their appetite for spending, once again opening their wallets in November, according to the latest Commonwealth Bank Business Sales Indicator (BSI).
The BSI is a key measure of economy-wide spending, tracking the value of credit and debit card transactions processed through Commonwealth Bank point-of-sale terminals, a sample of approximately 30 per cent of the Australian market. The BSI rose by 0.3 per cent in November, following similar gains i...
- Read more at:http://www.1888pressrelease.com/spending-recovery-strengthens-although-caution-remains-pr-360706.html
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