NEWS on Payments

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Retail sales stage a comeback in May, but the hole remains deep

Jun 26, 2020

Visa economists break down the latest trends among consumer behaviors in their June Monthly Consumer Monitor report. 

Personal disposable income growth surged in April after stimulus payments were distributed as part of the fiscal policy response to the economic downturn.

Following a sharp drop in employment in April, the job market rebounded slightly in May with 2.5 million jobs added as stay-at-home orders began to be lifted.

Read the full report