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ReadersSpeak
New data on consumer spending, transactions and economists have a current, accurate view of the CO-
VID-19 data, so that they can make informed and timely
acteus contacted us to inform us it recently decisions."
launched the Facteus Insight Report on Consumer
Spending and Transactions (FIRST). The report, According to the company, FIRST is based on millions
F Facteus stated, provides a critical lens into con- of regulatory-compliant consumer transactions that are
sumer behaviors and economic trends derived from finan- sourced directly from financial institutions, fintechs, and
cial transaction data covering more than 1,600 companies payments companies; and business and investment ana-
and 430 publicly traded stock tickers. lysts using Facteus data gain a granular understanding
of consumer behavior trends at the industry level (retail,
"The world we now live in is changing rapidly, and it will entertainment, hospitality, etc.), or at the specific company
be difficult to understand the impact on our communities level. This insight is increasingly valuable as the economic
and the economy for some time, as official statistics and landscape shifts with the evolving conditions created by
survey reports are typically published with a multiple the COVID-19 global pandemic, Facteus added. The initial
week lag time," said Randy Koch, CEO of Facteus (former- report is available at http://first.facteus.com.
ly ARM Insight).
What data do you need?
"Our business is focused on understanding the world Are you using research data to help your company ad-
through the lens of financial transaction data and our dress and adapt to changing conditions during the CO-
data is updated daily, which allows us to provide business VID-19 pandemic? If so, what resources and reports are
leaders and analysts near real-time visibility into what is you finding helpful right now?
going on in the economy.
What additional information would be most useful to
"We understand the economic landscape is very fluid right your business during this uncertain time? Let us know at
now and we will be regularly sharing more insights in the greensheet@greensheet.com, and be sure to share your latest
coming weeks as it relates to the impacts on consumer news at press@greensheet.com.
spending. Our intent is to help businesses, governments,
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