Understanding the Diary of Consumer Payment Choice

In this video, we’re diving into the Diary of Consumer Payment Choice, an annual survey by the Federal Reserve. Think of it as an annual check-up for U.S. consumer payment habits.
What You’ll Learn:
How U.S. consumers pay for things and their changing preferences
Insights from the latest 2023 survey on cash use in the economy
How the Federal Reserve tracks and analyzes various payment methods
What to Expect:
Discover how consistent cash use is essential for meeting demand
Learn how different age groups and incomes impact payment behavior
Get insights into the future of cash and digital payments
Stay informed with these valuable insights! Hit subscribe for more updates on payment trends. Until next time, Class Dismissed!
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