Source: Insider Intelligence | eMarketer, August 2023 - October 2023
Note: point-of-sale (POS) transactions made in-store using credit cards; includes food services and drinking places sales; includes sales tax; excludes products or services ordered using the internet; excludes travel and event tickets, payments (such as bill pay or money transfers), mail orders, and gambling and other vice good sales
Methodology: Estimates are based on the analysis of data from the US Department of Commerce and the Federal Reserve, estimates from other research firms, reported company revenues, historical trends, consumer buying trends, and macro-level economic conditions.