Industry | 2009.09.29
Visa Estimates $90.2 Trillion in Global Commercial Spending for 2008, $20.3 Trillion in the U.S.
SAN FRANCISCO--(BUSINESS WIRE)--Visa Inc. (NYSE: V) today released the annual global Commercial Consumption Expenditure (CCE) index, which estimates that global commercial spending grew to $90.2 trillion and U.S. spending rose to $20.3 trillion in 2008. The annual Visa CCE report provides standardized tracking of business and government spending globally and is recognized as an industry benchmark for measuring commercial spending. The 2008 global CCE is estimated to have grown at 10.9 percent fr
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