PNC Launches Monthly Consumer Health Check to Deliver Real-Time Pulse on U.S. Spending and the Economy
Drawing on indicators such as consumer spending trends, transaction volumes, savings and cash‑flow patterns, and employment trends, the PNC Monthly Consumer Health Check aims to translate rapid-cycle data into actionable context for decision‑makers.
"PNC's national footprint gives us a powerful, real‑time lens into the financial lives of American consumers," said
"Using proprietary, real-time data, the Consumer Health Check provides a clearer lens on consumer spending and the broader economy," said
What's Inside the Monthly Consumer Health Check
- Headline Consumer Activity: A concise gauge of month‑over‑month momentum in household spending.
- Category Breakouts: Trends across essentials (e.g., groceries, fuel), discretionary (e.g., dining, travel) and emerging spending trends like gambling and AI.
- Household Financial Posture: Read‑outs on deposit balances, cash‑flow cushions and payment behaviors that indicate resilience or stress.
- Forward Look: Brief commentary from PNC economists and investment professionals on near‑term implications for growth, inflation and risk assets.
Methodology and Privacy
- The PNC Monthly Consumer Health Check is produced by aggregating and anonymizing internal data sources, applying robust privacy safeguards, and seasonal and calendar adjustments where appropriate. The index and sub‑series are benchmarked to a neutral base period to make month‑to‑month changes easier to interpret. No personally identifiable information is accessed or shared at any point in the process.
CONTACT
(412) 762-5830
kristen.pillitteri@pnc.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/pnc-launches-monthly-consumer-health-check-to-deliver-real-time-pulse-on-us-spending-and-the-economy-302687129.html
SOURCE