PSCU Payments Index October 2021: Deep Dive on Credit Card Delinquencies

Summary: In the October 2021 edition of the PSCU Payments Index, we continue to see a combination of optimism and uncertainty within the U.S. economy – and the related effects within the payments industry. With COVID-19 hospitalizations on the decline and new non-vaccine-based medicines on the horizon, consumer spending remains strong as we enter the holiday shopping season. Yet, there is increased uncertainty as labor and supply chain shortages, as well as surging fuel prices, are projected to impact ongoing economic recovery.