Co-op Solutions Press Archives

June spending trends: summer spend in full swing

RANCHO CUCAMONGA, CA (July 19, 2023) — Summer spending is in full swing, as consumers are making the most of warm weather and lazy days to hit the beach, improve their golf game or spend time with family. On balance, June’s economic signals were ...

April spending trends: Consumers pull back as economy wavers

RANCHO CUCAMONGA, CA (May 16, 2023) — RANCHO CUCAMONGA, California – Following a strong March, a rise in economic uncertainty resulted in more muted consumer spending activity in April. Nonfarm payrolls grew by 253,000 in April, and unemployment remained low at 3.4%. Industry sectors ...

March spending trends: The spring spending boom is here!

RANCHO CUCAMONGA, CA (April 13, 2023) — March payment activity roared like a lion, as spending increased substantially across all merchant categories despite mixed economic trends. Nonfarm payrolls grew by 236,000 for the month, in line with consensus expectations of a slowing hiring pace. ...

February spending trends: Opportunities to revive and engage

RANCHO CUCAMONGA, CA (March 15, 2023) — Uneasiness about the current economy continued as most spending categories were off significantly from not only the holiday shopping season, but January’s more modest results as well. It seems that consumers are still waiting for the other ...

CO-OP Solutions Payments Trends Report (Spending Data from January 1-31)

RANCHO CUCAMONGA, CA (February 23, 2023) — With a strong holiday shopping season in the rear-view mirror, January spending results were muted as consumer confidence dipped in response to mixed economic signals. January’s surprisingly resilient jobs report bucked expectations of a coming recession, with ...

Ezra Eckhardt of STCU appointed to Co-op Solutions Board of Directors

RANCHO CUCAMONGA, CA (February 13, 2023) — Ezra Eckhardt, President/CEO of STCU of Spokane, Washington, has been appointed to the Board of Directors of Co-op Solutions by a unanimous vote of the directors. “I want to congratulate and welcome Ezra on his appointment to ...