Will Consumer Spending Be Stronger Than Expected in 2023? Visa Just Gave Us Some Clues.

Will Consumer Spending Be Stronger Than Expected in 2023? Visa Just Gave Us Some Clues.

Payment processing giant Visa (NYSE: V) recently reported its earnings, and the numbers were strong. Along with its quarterly results, Visa shares valuable data on payment trends, and these can give investors clues about how businesses in all sectors of the economy might be heading. The bad news is that growth in consumer spending has certainly slowed down.