The app for independent voices
How is the U.S. Consumer, hence U.S. Economy doing?
Another rare & special Maverick Macro Charts for 10,000 words: U.S. Consumer: Visa U.S. Spending Momentum Index (Debit + Credit Cards Spending) with headline/overall (blue) + discretionary (green) & non-discretionary spending (red):
👉 2025 Trade War 2.0 with a dip to 90, yet now back to 100
👉 hence signaling rising consumer spending momentum relative to the previous year = good news
Chart 1 = since 2015, chart 2 = since 2023
P.S. way more on the U.S. Economy including special/alternative data/indicators like this one (also leading indicators + recession probabilities) coming to town soon via the 4th edition dedicated report
this will be a quarterly recurrent report + ad-hoc when/if needing a timely update
additionally, I will cover also cover hot topics like the K-shaped economy via Maverick Special reports
free to subscribe = free to get
✍️ The State of the U.S. Economy in 75 Charts (4th edition)
With respect,
Mav
