Visa launches u.s. spending momentum index—a new way to gauge the economic health of u.s. consumers

San francisco--(business wire)--visa (nyse: v) today launched the visa u.s. spending momentum index (smi), an economic indicator designed to be a timely gauge of the health of consumer spending. the visa smi delivers insight into what drives upturns and downturns in spending by measuring the breadth of the momentum supporting these trends. “this past year underscores the importance of looking not only at how much is being spent, but also how many consumers are spending,” said wayne best, visa's
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