From Global News.
A new report says British Columbians are changing their habits when it comes to spending money in the U.S. or with U.S.-based companies.
The report from Vancity used data from enviro™ Visa spending patterns, which showed a “significant drop” compared to the same period last year.
The credit union found that these findings reflect caution among consumers and an early sign of changing priorities.
“These numbers show a behavioural shift in how members are spending their money this year,” Wellington Holbrook, Vancity’s president and CEO, said in a statement.
“Whether it’s cross-border shopping or U.S. travel, we’re seeing a notable change as people are being more deliberate with their spending, and in many cases, looking closer to home.”
In an interview with Global News, Holbrook said these numbers are “astonishing.”
Aaron McArthur reports.
For more info, please go to https://globalnews.ca/news/11278215/bc-residents-spending-less-us-astonishing-amount-report
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