Data Source: A macroeconomic indicator, SpendingPulse reports on national retail and service sales and is based on aggregate sales activity in the MasterCard payments network, coupled with survey-based estimates for all other payment forms, including cash and check. MasterCard SpendingPulse does not represent MasterCard financial performance. SpendingPulse is provided by MasterCard Advisors, the professional services arm of MasterCard Worldwide.
PURCHASE, NY and Chicago, IL — June 22, 2011– MasterCard Advisors, provider of the macroeconomic indicator SpendingPulse, announced today that SpendingPulse reports are now available to subscribers via Capital IQ, the leading provider of real-time access to premium research from brokers and independent research providers. The agreement offers Capital IQ clients, including institutional investors, investment banks, private equity firms, universities, and corporations, the ability to include SpendingPulse in their financial research and quickly and easily access the information online. All of the SpendingPulse US reports –Total Retail, Sectors, Outlooks, and Gasoline Demand — are available through the platform.
“SpendingPulse is a proven, reliable leading indicator of retail and gasoline sector performance that enables subscribers to make better decisions with more accurate information earlier. Through this agreement, Capital IQ subscribers will now have an easier way to access the data,” said Steve Albert, Group Head, MasterCard Advisors. “Making SpendingPulse available through Capital IQ will broaden SpendingPulse’s availability in a way that makes it convenient for buy-side firms to access data that delivers an important early indicator of the state of both specific industries and the economy as a whole.”
SpendingPulse is a series of Total Retail and Industry Sector reports for the US and UK, available to subscribers on Monday following the retail month-ending Saturday, and on first Friday of the month in the UK. The reports provide estimates of sales and pricing activity ahead of same-store sales reports, along with historical data. In addition, SpendingPulse Gasoline Demand reports, which provide estimates of total gallons pumped and average price for the prior week, are released every Tuesday, a day ahead of Department of Energy statistics.
While SpendingPulse reports are normally available on a subscription-only basis, reports will be available to all Capital IQ users for 30 days, after which a subscription will be required. To help explain the reports being made available and how they can be used by buy-side firms, MasterCard Advisors will be hosting a webinar on June 27th at 12 pm EST.
For more information and to register for the webinar, contact Keith Myers at 914-249-5153 or email@example.com.
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About MasterCard Advisors
MasterCard Advisors provides payments consulting, information, analytics, and customized services to financial institutions and their merchant partners worldwide. Addressing complex challenges in strategy, marketing, risk, and operations, MasterCard Advisors helps clients maximize the value of their payments businesses. As the professional services arm of MasterCard Worldwide, MasterCard Advisors is uniquely qualified to provide clients with insights and solutions that drive tangible impact and financial gain. For more information, go to www.mastercardadvisors.com.
About MasterCard Worldwide
As a leading global payments company, MasterCard Worldwide prides itself on being at the heart of commerce, helping to make life easier and more efficient for everyone, everywhere. MasterCard serves as a franchisor, processor and advisor to the payments industry, and makes commerce happen by providing a critical economic link among financial institutions, governments, businesses, merchants, and cardholders worldwide. In 2010, $2.7 trillion in gross dollar volume was generated on its products by consumers around the world. Powered by the MasterCard Worldwide Network – the fastest payment processing network in the world – MasterCard processes over 23 billion transactions each year and has the capacity to handle 160 million transactions per hour, with an average network response time of 130 milliseconds and with 99.99 percent reliability. MasterCard advances global commerce through its family of brands, including MasterCard®, Maestro®, and Cirrus®; its suite of core products such as credit, debit, and prepaid; and its innovative platforms and functionalities, such as MasterCard PayPass™ and MasterCard inControl®. MasterCard serves consumers, governments, and businesses in more than 210 countries and territories. For more information, please visit us at www.mastercard.com. Follow us on Twitter: @mastercardnews.
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