TSG Releases Latest Economic Indicators Infographic at TRANSACT 15

In conjunction with ETA, The Strawhecker Group (TSG) released its latest economic indicators infographic: “The Comeback of Consumer Spending”. TSG forecasts compelling growth for the payments industry. Their research finds that the U.S. Economy is growing at a strong pace, with consumer confidence, GDP, and unemployment all experiencing positive performance in 2014 and the first quarter of 2015.

Consumer spending represents nearly 70% of GDP, and 70% of consumer spending is done electronically. Breaking down where consumers spend, TSG analysis shows that 23% is spent on restaurants or retail, 9% on groceries and gas, and 8% on healthcare across the United States. Get the whole picture through The Strawhecker Group’s latest infographic here.

ABOUT THE STRAWHECKER GROUP
The Strawhecker Group (TSG), founded in 2006, is a management consulting company focused on the global electronic payments industry. TSG clients include merchant acquirers / ISOs, issuers, the card brands, technology and mobile companies, processors, major merchants, bank specialty lenders and private equity firms, as well as banks and financial institutions. The TSG team consists of proven industry leaders with extensive experience leading companies through explosive growth periods, mergers and acquisitions, technology-driven strategies, and data-driven decision making within the Payments Industry. Learn more: www.thestrawgroup.com.