FreightWaves Staff

Is the relationship between credit card data and outbound tender volumes statistically significant?

The Freight Intel Group at FreightWaves thought it would be interesting to compare the year-over-year growth in credit card spending data to the year-over-year movements in FreightWaves’ Outbound Tender Volume Index (SONAR: OTVIY) since the COVID-19 induced lockdown and recession began in early March 2020. Bank of America Merrill Lynch

By |May 15th, 2020|Passport Research|