Winter anticipation helped influence fall 2020 spending

December 10, 2020

Preparing for the cold winter months has been a major theme for fall spending in 2020. From upgrading home furnishings to preparing for winter recreation, Canadians are planning ahead for a winter that will likely bring a lot of time at home.

2020 fall spend trends for small businesses

There you have it! Canadians are preparing to make the most of the winter ahead with their fall spending. From new fireplaces to new skincare routines, these self-care investments should leave us rested and ready for the spring.

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Moneris spending reports measure spending in Canada across a range of categories by analyzing credit and debit card transaction data. The figures and percentages cited are derived from aggregated transaction volumes being processed by Moneris in the applicable categories, as compared to sales volumes from the prior year.

The information in this article is provided solely for informational purposes and is not intended to be legal, business or other professional advice or an endorsement of any of the websites or services listed.

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