2022 E-Insights Report
Consumer Spending-Percentage Change
- Consumer spending for most of the MSAs dropped significantly in April 2020 and has been improving ever since.
- The consumer spending for the Tampa Bay MSA has dropped to 64 percent of the January 2020 value in the month of April 2020 and has improved to 126 percent of the January 2020 value in October 2021.
- Among Florida MSAs Jacksonville has achieved highest recovery by improving from 78 percent of January 2020 value in April 2020 to 160 percent of January 2020 value in March 2021. However, Jacksonville experienced a decline following its peak in March 2021.
About: This measures the seasonally adjusted seven day moving average credit/debit card
spending relative to January 4-31 2020, for people living in the MSA.
Source: Affinity Solutions - Opportunity Insights, Economic Tracker