Australian consumers love local loyalty programs – when they are able to able to find them. In the economy, U.S. consumers spent more in department stores and less on cars and furniture in June. And in personal finance, consumers believe that a good credit score and established credit history are key to obtaining credit cards and loans. All this, Today in Data.
Data:
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5.9%: Increase in department store sales for the month of June.
75.6%: Share of Aussies who use at least one loyalty and discount program.
58%: Share of Australian Gen Z consumers who believe shopping locally has become critical.
29%: Portion of consumers who are “very” or “extremely” concerned about their credit scores.
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2: Number of credit cards consumers have on average.
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