May 2023 spending trends: Consumers remain cautious as economy improves

It seems the Fed’s aggressive campaign to raise borrowing rates is finally having its desired effect on the economy, with job gains slowing markedly in October and inflation continuing to ease.

Indiana Credit Union League (ICUL) and partnering credit unions found themselves having a difficult time uncovering member behaviors and preferences across shared branches. ICUL tapped Co-op Solutions

Following a strong March, a rise in economic uncertainty resulted in more muted consumer spending activity in April.