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ETA Releases Third Quarter Legislative & Regulatory Report

ETA has released its third quarter legislative and regulatory report, highlighting federal and state developments for theJuly-September period.

The report details pending legislation and activities in Congress, at federal agencies and in state legislatures around the country, including ETA's activities on behalf of members and the industry. Copies are free to ETA members.

For up to the minute reports on legislative and regulatory activitiy, visit www.voiceofpayments.org.

ETA US Economic Indicators Released

The latest edition of ETA's U.S. Economic Indicators Report has been released and is now available for reading/download by ETA members. According to the introduction to the report:

Though the growth rate multiple of bankcard volumes to total consumer spending and spending on non-durable goods has slowed in recent quarters, the percentage share of bankcard volumes to these two spending measures illustrates that there is still a significant market opportunity for card based payment growth and other emerging consumer payment methodologies. Total spending on non-durable goods in Q3 2011 for example was $1.15 trillion. Bankcard volumes were only 30% of this amount meaning that nearly $805 billion in non-durable goods purchases were made using competing (non-card based) payment methods.

The US Economic Indicators Report is published quarterly with analyisis from The Strawhecker Group, for the benefit of ETA member companies.