Consumer Pandemic Spending Behaviors Remarkably Uniform with Recovery Tracking for Early 2023
Verisk Analytics, Inc. (VRSK)
Last verisk analytics, inc. earnings: 2/18 04:30 pm
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Source: GlobeNewswire
WHITE PLAINS, N.Y., Nov. 15, 2021 (GLOBE NEWSWIRE) -- The COVID-19 pandemic caused consumers to spend significantly less year-over-year beginning in March 2020, and that pattern was remarkably consistent across all regions and demographics in the United States, according to a study of 12.4 billion consumer credit and debit transactions. The study, conducted by Argus and believed to be the largest of its kind, also found that consumer spending may not fully recover to pre-pandemic levels until early 2023. To explore the impact of the pandemic on consumer spending, Argus, a Verisk (NASDAQ: VRSK) business, studied both credit and debit transactions across the wallets of approximately 20 million consumers, a representative sample of the overall credit-card-active population. The study spanned from January 2019 through December 2020, comparing monthly spend year-over-year to control for seasonality throughout the year. The study also evaluated credit and debit transactions of these
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VRSK
Earnings
- 2/21/24 - Miss
VRSK
Sec Filings
- 4/15/24 - Form 4
- 4/12/24 - Form 144
- 4/11/24 - Form 4
- VRSK's page on the SEC website