Consumers Underestimate Dining Out Frequency and Overstate Spending, Facteus Report Reveals
Facteus' report reveals that consumers significantly underestimate how often they dine out while overestimating their spending on restaurants and apparel. The analysis combines survey data with verified transaction behavior from millions of credit and debit card users to highlight discrepancies in consumer self-reporting.
Topics: consumer spending gender differences in consumption marketing insights survey data vs transaction data